5 CFR § 2634.301 - Interests in property.
(a) In general. Except reports required under § 2634.201(f), each financial disclosure report filed pursuant to this subpart must include a brief description of any interest in property held by the filer at the end of the reporting period in a trade or business, or for investment or the production of income, having a fair market value in excess of $1,000. The report must designate the category of value of the property in accordance with paragraph (d) of this section. Each item of real and personal property must be disclosed separately. Note that for Individual Retirement Accounts (IRAs), defined contribution plans, brokerage accounts, trusts, mutual or pooled investment funds and other entities with portfolio holdings, each underlying asset must be separately disclosed, unless the entity qualifies for special treatment under § 2634.312.
(b) Types of property reportable. Subject to the exceptions in paragraph (c) of this section, examples of the types of property required to be reported include, but are not limited to:
(1) Real estate;
(2) Stocks, bonds, securities, and futures contracts;
(3) Mutual funds, exchange-traded funds, and other pooled investment funds;
(4) Pensions and annuities;
(5) Vested beneficial interests in trusts;
(6) Ownership interests in businesses or partnerships;
(7) Deposits in banks or other financial institutions; and
(8) Accounts receivable.
(c) Exceptions. The following property interests are exempt from the reporting requirements under paragraphs (a) and (b) of this section:
(2) Personal savings accounts (defined as any form of deposit in a bank, savings and loan association, credit union, or similar financial institution) in a single financial institution or holdings in a single money market mutual fund, aggregating $5,000 or less in that institution or fund;
(d) Valuation categories. The valuation categories specified for property items are as follows:
(1) None (or less than $1,001);
(2) $1,001 but not more than $15,000;
(3) Greater than $15,000 but not more than $50,000;
(4) Greater than $50,000 but not more than $100,000;
(5) Greater than $100,000 but not more than $250,000;
(6) Greater than $250,000 but not more than $500,000;
(7) Greater than $500,000 but not more than $1,000,000; and
(8) Greater than $1,000,000;
(9) Provided that, with respect to items held by the filer alone or held jointly by the filer with the filer's spouse and/or dependent children, the following additional categories over $1,000,000 will apply:
(i) Greater than $1,000,000 but not more than $5,000,000;
(ii) Greater than $5,000,000 but not more than $25,000,000;
(iii) Greater than $25,000,000 but not more than $50,000,000; and
(iv) Greater than $50,000,000.
(e) Valuation of interests in property. A good faith estimate of the fair market value of interests in property may be made in any case in which the exact value cannot be obtained without undue hardship or expense to the filer. If a filer is unable to make a good faith estimate of the value of an asset, the filer may indicate on the report that the “value is not readily ascertainable.” Value may also be determined by:
(1) The purchase price (in which case, the filer should indicate date of purchase);
(2) Recent appraisal;
(5) The net worth of a business partnership;
(6) The equity value of an individually owned business; or
(7) Any other recognized indication of value (such as the last sale on a stock exchange).