| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GOLDIN PEISER & PEISER, LLP | 29,225 | 29,225 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALLIANCE BERNSTEIN CORPORATE INC SHARES | 1,632,573 | 1,694,303 |
| ALLIANCE BERNSTEIN MULTI SECTOR INCOME SHARES | 176,380 | 177,978 |
| VANGUARD SCOTTSDALE FDS | 1,460,301 | 1,480,166 |
| S&P 500 INDEX FUND | 597,860 | 747,760 |
| MSCI EAFE INDEX FUND | 613,395 | 678,528 |
| ALPHABET INC | 14,051 | 21,032 |
| ANALOG DEVICES INC | 10,444 | 12,409 |
| AUTOZONE INC | 11,739 | 11,854 |
| BECTON, DICKINSON AND COMPANY | 13,795 | 13,512 |
| CARRIER GLOBAL CORPORATION | 6,640 | 10,448 |
| CME GROUP INC | 11,032 | 10,195 |
| COLGATE-PALMOLIVE CO | 7,665 | 9,150 |
| ECOLAB INC | 7,517 | 8,222 |
| FACTSET RESEARCH SYSTEMS INC | 6,684 | 7,980 |
| GRACO INC | 9,513 | 13,457 |
| JOHNSON & JOHNSON | 14,474 | 17,312 |
| LOWES COMPANIES INC | 7,604 | 11,878 |
| MASTERCARD INC | 17,271 | 22,130 |
| METTLER-TOLEDO INTL | 8,062 | 11,397 |
| MICROSOFT CORP | 21,567 | 29,582 |
| MIDDLEBY CORP | 9,317 | 9,540 |
| MOODY'S CORP | 17,172 | 24,380 |
| MSCI INC | 9,509 | 18,308 |
| NIKE CLASS B | 8,810 | 14,430 |
| ORACLE CORPORATION | 10,676 | 11,903 |
| OTIS WORKWIDE CORP | 8,549 | 9,052 |
| PEPSICO INC | 12,897 | 14,830 |
| SHERWIN-WILLIAMS CO | 13,356 | 19,843 |
| TJX COMPANIES INC | 9,408 | 11,678 |
| US BANCORP | 10,686 | 8,806 |
| UNITEDHEALTH GROUP INC | 13,185 | 18,235 |
| LINDE PLC | 8,321 | 10,804 |
| ACUSHNET HOLDINGS CORP | 1,939 | 3,000 |
| BEACON ROOFING SUPPLY INC | 2,713 | 3,497 |
| BOINGO WIRELESS INC | 4,006 | 3,625 |
| BROOKS AUTOMATION INC | 2,158 | 3,528 |
| CALIFORNIA WATER SERVICE GROUP | 2,256 | 2,539 |
| CAPRI HOLDINGS LTD | 2,545 | 5,586 |
| CAREDX INC | 1,957 | 5,868 |
| CBIZ INC | 3,215 | 3,938 |
| CELSIUS HOLDINGS INC | 2,260 | 5,635 |
| CENTRAL PACIFIC FINANCIAL CORP | 3,090 | 2,376 |
| CERENCE INC | 3,232 | 7,436 |
| CHEESECAKE FACTORY INC | 3,290 | 4,855 |
| COLUMBIA BANKING SYSTEM INC | 2,527 | 2,728 |
| CRYOPORT INC | 2,232 | 3,379 |
| DMC GLOBAL INC | 2,168 | 2,898 |
| ENCORE WIRE CORP | 2,517 | 2,726 |
| EVERCORE INC | 2,335 | 4,605 |
| GOOSEHEAD INSURANCE INC | 1,363 | 4,117 |
| H&E EQUIPMENT SERVICES INC | 3,613 | 4,650 |
| HALOZYME THERAPEUTICS INC | 2,279 | 6,022 |
| HEALTHSTREAM INC | 2,637 | 2,184 |
| HERCULES CAPITAL INC | 2,790 | 3,086 |
| HILTON GRAND VACATIONS INC | 2,691 | 4,201 |
| HUB GROUP INC | 2,221 | 3,078 |
| INSPIRE MEDICAL SYSTEMS INC | 1,415 | 3,762 |
| INTER PARFUMS INC | 4,739 | 4,658 |
| KIRBY CORPORATION | 3,383 | 3,628 |
| KNOWLES CORPORATION | 2,576 | 2,635 |
| KRATOS DEFENSE & SECURITY | 5,198 | 5,952 |
| LIVENT CORPORATION | 2,518 | 5,445 |
| LIVEPERSON INC | 4,612 | 8,837 |
| MARCUS & MILLICHAP INC | 1,989 | 2,308 |
| MARTEN TRANSPORT LTD | 2,192 | 2,791 |
| MATERION CORPORATION | 2,581 | 3,186 |
| MEDALLIA INC | 3,122 | 4,219 |
| NATERA INC | 2,817 | 8,360 |
| NATIONAL BANK HOLDINGS CORP | 2,584 | 2,359 |
| NEOGENOMICS INC | 2,868 | 6,676 |
| NEVRO CORP | 2,252 | 3,635 |
| OLIN CORPORATION | 2,543 | 4,298 |
| PAPA JOHN'S INTL INC | 1,379 | 2,630 |
| PHREESIA INC | 3,269 | 5,643 |
| SAIA INC | 1,493 | 3,797 |
| SIGNET JEWELERS LTD | 2,810 | 3,054 |
| SITEONE LANDSCAPE SUPPLY INC | 3,590 | 8,090 |
| SKYWEST INC | 1,581 | 1,491 |
| SPROUT SOCIAL INC | 1,985 | 2,180 |
| TOPBUILD CORP | 1,908 | 4,234 |
| TTEC HOLDINGS INC | 2,337 | 4,157 |
| US PHYSICAL THERAPY INC | 2,253 | 3,848 |
| VERACYTE INC | 3,125 | 5,383 |
| VICOR CORPORATION | 2,413 | 4,795 |
| VISTEON CORPORATION | 2,516 | 5,021 |
| WEIGHT WATCHERS INL | 2,613 | 2,562 |
| MONMOUTH REAL ESTATE INV | 1,971 | 2,598 |
| RETAIL OPPORTUNITY INVTS | 3,101 | 3,321 |
| TERRENO REALTY CORP | 2,665 | 3,160 |
| DESCARTES SYSTEMS GRP | 2,670 | 4,211 |
| LIONS GATE ENTERTAINMENT CORP | 3,127 | 3,741 |
| METHANEX CORPORATION | 2,782 | 6,129 |
| MLP ENERGY INFRASTRUCTURE FUND | 122,262 | 110,847 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| US REAL PROPERTY INCOME FUND LP | FMV | 479,902 | 478,170 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 2,086 | 2,086 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DIVIDENDS RECEIVABLE | 0 | 7,476 | 7,476 |
| US REAL PROPERTY FUND DISTRIBUTION RECEIVABLE | 0 | 4,104 | 4,104 |
| Description | Amount |
|---|---|
| NONDEDUCTIBLE PENALTIES & INTEREST | 45 |
| OTHER NONDEDUCTIBLE EXPENSES | 4,619 |
| ADJUSTMENT TO TAX BASIS OF US REAL PROPERTY FUND | 4,311 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GOLDMAN SACHS #897-9 ADVISORY FEES | 3,037 | 3,037 | 0 | |
| GOLDMAN SACHS #898-7 ADVISORY FEES | 2,122 | 2,122 | 0 | |
| CROW #2785 ADVISORY FEES | 10,692 | 10,692 | 0 | |
| WELLS FARGO BANK CHARGES | 60 | 60 | 0 | |
| US REAL PROPERTY FUND PORTFOLIO EXPENSES | 5,365 | 5,365 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME - FRT CLASS ACTION RECOVERY | 228 | 228 | 228 |
| US REAL PROPERTY INC. FUND, LP | 7,215 | 7,215 | 7,215 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| GOLDMAN SACHS & CO #694-1 FOREIGN TAXES | 1,034 | 1,034 | 0 | |
| GOLDMAN SACHS & CO #898-7 FOREIGN TAXES | 2 | 2 | 0 | |
| RECLAIMABLE TAX | 1 | 1 | 0 | |
| FEDERAL INCOME TAX | 23,739 | 0 | 0 |