Bachmann discloses personal finances

Republican presidential candidate Rep. Michele Bachmann’s assets are worth at least $1.28 million, according to a personal finances report she filed with the Federal Election Commission Oct. 6.

All presidential candidates are required to disclose their personal wealth with the commission.

Because personal finances are reported in ranges, her assets could be worth as much as $2.9 million.

A family farm in Wisconsin is listed as one of Bachmann’s more valuable assets, worth as much as $1 million. She reports between $15,001 and $50,000 in income from the property.

Bachmann’s husband’s counseling clinic property in Lake Elmo, Minn., is worth as much as $1 million as well. She reported between $100,001 and $1 million in income from the venture.

Bachmann also carries between $350,000 and $750,000 in debt from a business loan and a mortgage on the counseling property.

Also listed on her report: a book deal with Sentinel/Penguin Group USA to write her yet-to-be-released memoir “Core of Conviction.” Bachmann didn’t attach a value to the deal.

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