| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ERIC W. MARTIN, CPA | 26,900 | 26,900 | 0 | 0 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| NEW PROJECTOR | 2017-03-05 | 646 | 613 | SL | 5.0000 | 33 | |||
| 2017 TOYOTA PRIUS | 2017-08-02 | 26,215 | 22,720 | SL | 5.0000 | 3,495 | |||
| COMPUTER | 2018-03-20 | 1,142 | 836 | SL | 5.0000 | 228 | |||
| LAPTOP | 2018-11-19 | 1,593 | 957 | SL | 5.0000 | 319 | |||
| DIRECTOR OF GRANTS COMPUTER | 2020-12-04 | 1,523 | 305 | SL | 5.0000 | 305 | |||
| LAPTOP | 2021-08-14 | 1,761 | 117 | SL | 5.0000 | 352 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| General Explanation Supplemental Information for Form 990-PF | FORM 990-PF, PART VII-A, LINE 11:ORGANIZATION OWNED 100% OFLAKE VIEW PARK APARTMENTS, LLC1111 TAHQUITZ CANYON WAY, SUITE 109PALM SPRINGS, CA 92262EIN #46-4589446LAKEVIEW PARK APARTMENTS WAS CONTRIBUTED TO THE LLC UPON REFINANCE AT THE LENDER'S DIRECTION. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| HSBC USA/XLK & XBI 0% 04/29/2024 | 100,000 | 65,800 |
| MORGAN STANLEY/XLE & XLF 0% 11/30/2023 | 200,000 | 192,090 |
| RBC/BA 0% 08/15/2023 | 75,000 | 56,880 |
| RBC/MXEF 0% 09/26/2024 | 100,000 | 77,270 |
| UBS AG/AAL, UAL & LUV 12.75% 03/23/2023 | 50,000 | 46,350 |
| UBS AG/F 0% 11/24/2023 | 150,000 | 124,770 |
| BANK OF MONTREAL/SPX 06/30/25 | 200,000 | 199,760 |
| BARCLAYS BANK/SPX 0% 10/02/25 | 100,000 | 101,000 |
| CITICORP GMH INC./AMZN 0% 08/29/24 | 100,000 | 85,180 |
| JPMORGAN CHASE/XLK 0% 02/29/24 | 100,000 | 91,620 |
| UBS AG/XLK & XBI 0% 03/26/24 | 140,000 | 129,696 |
| UBS AG/MSFT & QCOM 0% 12/11/23 | 100,000 | 76,340 |
| CS 5YR MLN SPX 0% 08/02/27 | 50,000 | 41,655 |
| GOLDMAN SACHS MLCD/INDU 0% 11/02/29 | 50,000 | 49,105 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN EXPRESS CO. | 2,043 | 6,776 |
| BERKSHIRE HATHAWAY INC. CLASS B | 40,728 | 85,703 |
| WELLS FARGO & CO. | 41,783 | 61,472 |
| LOEWS CORP. | 2,659 | 4,245 |
| MICROSOFT CORP. | 2,475 | 12,247 |
| JACK HENRY & ASSOC INC. | 1,532 | 11,361 |
| BANK OF NEW YORK MELLON CORP. | 33,514 | 38,969 |
| ANSYS INC. | 6,870 | 13,478 |
| TEXAS INSTRUMENTS INC. | 17,641 | 42,047 |
| PROLOGIS TRUST REIT | 3,665 | 15,666 |
| GENERAL MOTORS CO. | 26,615 | 40,560 |
| NORDSON CORP. | 5,468 | 17,264 |
| JPMORGAN CHASE & CO. | 21,145 | 45,461 |
| AMAZON.COM INC. | 28,358 | 47,884 |
| AMGEN INC. | 10,395 | 21,480 |
| PFIZER INC. | 6,405 | 10,026 |
| GLOBAL X ETF SUPERDIVIDEND | 47,658 | 16,960 |
| ALPHABET INC. CLASS A | 9,267 | 25,046 |
| ALPHABET INC. CLASS C | 12,415 | 31,957 |
| CAPITAL ONE FINANCIAL CORP. | 36,888 | 58,537 |
| BERKLEY W.R. CORP. | 9,678 | 24,333 |
| COOPER COMPANIES INC. | 12,207 | 17,399 |
| ALPHABET INC. CLASS A | 7,039 | 32,316 |
| MASTERCARD INC. CLASS A | 8,327 | 16,038 |
| CHUBB LTD. | 8,642 | 15,152 |
| META PLATFORMS INC. CLASS A | 61,769 | 54,326 |
| AT&T INC. | 27,782 | 19,280 |
| CHARLES SCHWAB 5.95% PFD SER D | 25,000 | 25,040 |
| EXXON MOBIL CORP. | 15,394 | 22,268 |
| SUNCOR ENERGY INC. | 28,204 | 32,870 |
| VERIZON COMMUNICATIONS | 50,257 | 38,980 |
| APPLE INC. | 4,808 | 27,978 |
| MICROSOFT CORP. | 8,216 | 34,699 |
| UNITEDHEALTH GROUP INC. | 9,428 | 31,222 |
| COPART INC. | 4,228 | 17,838 |
| LENNOX INTERNATIONAL | 7,186 | 11,198 |
| POOL CORP. | 8,115 | 18,776 |
| TERADYNE INC. | 5,017 | 14,111 |
| FIDELITY ADVISOR II FLOATING RATE HI INC | 27,104 | 25,474 |
| FIRST TRUST SR FLOATING RATE INCOME II | 14,025 | 10,180 |
| US FOODS HOLDINGS CORP. | 13,130 | 18,290 |
| BECTON DICKINSON & CO. | 21,567 | 24,685 |
| FIRST TRUST ENHANCED SHORT MATURITY ETF | 52,400 | 52,254 |
| PORT STREET INV SOL QUAL GROWTH | 45,726 | 54,240 |
| CHARLES RIVER LABORATORIES | 9,428 | 16,686 |
| SCOTTS MIRACLE-GRO CO. CLASS A | 11,737 | 7,942 |
| SITEONE LANDSCAPE SUPPLY INC. | 7,136 | 13,934 |
| THOR INDUSTRIES | 7,918 | 9,992 |
| APPLIED MATERIALS INC. | 30,801 | 73,542 |
| US BANCORP | 31,940 | 37,855 |
| BANK OF AMERICA 6% PFD | 25,000 | 24,810 |
| PGIM GLOBAL HIGH YIELD FD | 20,000 | 11,330 |
| ACCENTURE PLC IRELAND CLASS A | 18,508 | 27,686 |
| AMGEN INC. | 18,411 | 26,349 |
| APPLE INC. | 6,435 | 24,573 |
| TRUST FINANCIAL CORP. | 21,571 | 25,886 |
| COCA COLA CO. | 19,711 | 26,462 |
| EXXON MOBIL CORP. | 8,641 | 24,829 |
| HOME DEPOT INC. | 18,068 | 27,215 |
| MEDTRONIC PLC | 24,799 | 22,605 |
| MICROSOFT CORP. | 12,692 | 27,555 |
| NEXTERA ENERGY INC. | 14,751 | 27,019 |
| TEXAS INSTRUMENTS INC. | 16,010 | 27,610 |
| UNITEDHEALTH GROUP INC. | 11,973 | 24,649 |
| VAN ECK VECTORS MORNINGSTAR WIDE MOAT | 44,590 | 57,142 |
| FAIR ISAAC INC. | 5,852 | 11,775 |
| INTERACTIVE BROKERS GROUP | 11,718 | 16,301 |
| ROLLINS INC. | 5,608 | 10,029 |
| ZEBRA TECHNOLOGIES CORP. A | 10,935 | 14,055 |
| INTEL CORP. | 29,678 | 21,620 |
| QUEST DIAGNOSTICS INC. | 9,896 | 17,309 |
| BLACKSTONE GROUP INC. CLASS A | 65,881 | 183,060 |
| CAPITAL ONE FINL 5.00% PFD NON-CUM | 25,000 | 19,430 |
| JPMORGAN SER EE PFD FIXED 6.00% | 25,000 | 25,300 |
| AMPHENOL CORP. | 9,777 | 10,456 |
| GENERAL DYNAMICS CORP. | 12,980 | 24,987 |
| JPMORGAN CHASE & CO. | 17,938 | 27,083 |
| METLIFE INC. | 13,887 | 25,771 |
| STARBUCKS CORP. | 19,308 | 29,127 |
| VISA INC.CLASS A | 19,377 | 26,040 |
| XCEL ENERGY INC. | 25,882 | 26,543 |
| ALLEGION PLC | 11,404 | 12,274 |
| BENTLEY SYSTEMS INC. CLASS B | 17,019 | 17,666 |
| BRIGHT HORIZONS FAMILY SOLUTIONS | 14,865 | 8,756 |
| CHEMED CORP. | 10,242 | 11,960 |
| EQUIFAX INC. | 10,936 | 14,013 |
| EXPONENT INC. | 12,638 | 14,891 |
| IAC INC. | 9,826 | 5,656 |
| FORD MOTOR CO. 6.00% PFD | 25,000 | 23,650 |
| PUBLIC STORAGE 3.875% PFD | 25,000 | 16,900 |
| SOUTHERN CO. 4.20% PFD | 25,000 | 18,760 |
| XTRACKERS USD HIGH YIELD CORP. ETF | 25,665 | 21,638 |
| 3M COMPANY | 9,560 | 7,558 |
| AUTOMATIC DATA PROCESSING | 17,021 | 27,471 |
| BROADBRIDGE FINANCIAL SOLUTIONS | 9,611 | 12,078 |
| COGNIZANT TECHNOLOGY SOLUTIONS A | 12,745 | 11,509 |
| EQUIFAX INC. | 9,277 | 13,224 |
| HOME DEPOT INC. | 13,190 | 15,552 |
| INTUIT INC. | 11,866 | 15,896 |
| JOHNSON & JOHNSON | 26,165 | 30,794 |
| NIKE INC. CLASS B | 22,444 | 23,803 |
| PEPSICO INC. | 32,603 | 41,554 |
| PFIZER INC. | 17,139 | 24,012 |
| PROCTER & GAMBLE CO. | 13,562 | 16,408 |
| STARBUCKS CORP. | 18,237 | 21,666 |
| STRYKER CORP. | 23,547 | 26,663 |
| TJX COS. INC. | 10,481 | 14,409 |
| TEXAS INSTRUMENTS INC. | 10,378 | 13,895 |
| UPS CLASS B | 6,116 | 11,194 |
| WASTE MANAGEMENT INC. | 9,024 | 13,250 |
| MCDONALDS CORP. | 20,748 | 25,097 |
| LPL FINANCIAL HOLDINGS INC. | 9,996 | 17,517 |
| TELEDYNE TECHNOLOGIES INC. | 18,427 | 12,603 |
| CIGNA CORP. | 26,447 | 41,440 |
| DARLING INGREDIENTS INC. | 13,404 | 14,653 |
| TECK RESOURCES LTD. CLASS B | 21,070 | 28,411 |
| VIATRIS INC. | 43,466 | 33,994 |
| BANK OF AMERICA 4.25% PFD | 50,000 | 35,700 |
| BNY MELLON NATURAL RES FUND C | 104,828 | 149,416 |
| FEDERATED HERMES HIGH INCOME BOND | 80,514 | 68,474 |
| WALGREENS BOOTS ALLIANCE INC. | 37,723 | 31,125 |
| MARSH & MCLENNAN COS. INC. | 16,014 | 18,530 |
| VERISK ANALYTICS INC. | 7,079 | 7,900 |
| ECOLAB INC. | 27,409 | 25,921 |
| FIRST TRUST CBOE VEST S&P 500 | 52,263 | 56,136 |
| GOLDMAN SACHS US EQUITY DIV & PREM | 26,072 | 27,497 |
| GOLDMAN SACHS ACCESS TREAS | 52,180 | 52,332 |
| HENNESSY MID CAP 30 FUND INST | 52,144 | 53,416 |
| HONEYWELL INTL INC. | 25,947 | 27,005 |
| PACIFIC FUNDS SHORT DUR INCOME | 52,144 | 52,623 |
| PGIM ULTRA SHORT BOND ETF | 78,216 | 78,688 |
| VAN ECK DURABLE HIGH DIV ETF | 26,152 | 28,032 |
| ASPEN TECHNOLOGY INC. NEW | 6,563 | 10,373 |
| DOLBY LABORATORIES INC. CL A | 12,964 | 12,803 |
| GLOBUS MEDICAL INC. CLASS A | 13,957 | 14,926 |
| LCI INDUSTRIES | 3,987 | 3,460 |
| WATSCO INC. | 11,737 | 10,759 |
| MARKEL CORP. | 19,811 | 22,522 |
| OWENS CORNING INC. | 17,151 | 18,301 |
| FIRST TRUST DIVERS FIXED ETF SER 49 | 77,872 | 64,858 |
| FIRST TRUST DSIP PORT 4Q2021 | 76,328 | 74,824 |
| GSK PLC ADR | 15,241 | 11,069 |
| HALEON PLC ADR | 3,382 | 2,756 |
| BALL CORP. | 10,397 | 8,188 |
| MOODY'S INC. | 11,092 | 10,439 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LTD PTSHP - CONTINENTALS BELMONT | AT COST | 101,578 | 7,090,313 |
| LLC INT - C.V. STORAGE, LLC | AT COST | 1,915,527 | 9,023,897 |
| LTD PTSHP INT - TIMBERLANE APTS PTSHP | AT COST | 701,368 | 8,519,063 |
| HILLCREST VERITAS L.P. | AT COST | 216,160 | 215,000 |
| LAKE VIEW PARK APARTMENTS, LLC | AT COST | 2,015,824 | 15,434,337 |
| JP MORGAN CHASE BK CD 4.10% 09/29/23 | AT COST | 50,000 | 49,743 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 26,215 | 26,215 | ||
| Furniture and Fixtures | 35,576 | 35,576 | ||
| Machinery and Equipment | 43,371 | 40,772 | 2,599 | 2,599 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| RENT DEPOSIT | 2,757 | 2,757 | 2,757 |
| WORKERS COMPENSATION DEPOSIT | 271 | 271 | 271 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AUTO EXPENSES | -1,776 | -1,776 | ||
| BANK CHARGES | 1 | 1 | ||
| COMPUTER PROGRAMS | 9,484 | 9,484 | ||
| EDUCATION | 1,200 | 1,200 | ||
| HEALTH INSURANCE | 21,980 | 6,572 | 15,408 | |
| INSURANCE | 6,169 | 6,169 | ||
| OFFICE EXPENSES | 363 | 363 | ||
| POSTAGE | 10 | 10 | ||
| PUBLIC RELATIONS | 29 | 29 | ||
| SECURITY EXPENSE | 495 | 495 | ||
| TELEPHONE & UTILITIES | 2,217 | 2,217 | ||
| WEB SITE FEES | 696 | 696 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Investment Income | 1,599,235 | 1,599,235 |
| Description | Amount |
|---|---|
| MARKET LINKED CD PRIOR CONTINGENT DEBT INSTRUMENT PYMTS | 31,711 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| ROUNDING | 1 | |
| Rounding | 1 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RBC WEALTH MANAGEMENT | 10,575 | 10,575 | 0 | 0 |
| WELLS FARGO ADVISORS | 36,674 | 36,674 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CALIFORNIA TAXES | 7,063 | 7,063 | ||
| FEDERAL TAXES | 65,695 | |||
| FOREIGN TAXES WITHHELD | 443 | 443 | ||
| PAYROLL TAXES | 14,919 | 4,460 | 10,459 | |
| PROPERTY TAXES | 329 | 329 |