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FORM 10-QSBQUARTERLY OR TRANSITIONAL REPORT UNDER SECTION 13 OR 15 (d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Quarterly or Transitional Report

U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

Form 10-QSB

(Mark One)

|    |  |                                                                                        
|--- |  | ---------------------------------------------------------------------------------------
|[X] |  | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE
ACT OF 1934

For the quarterly period ended March 31, 2002

|      |  |                                                                                         
|----- |  | ----------------------------------------------------------------------------------------
|[   ] |  | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934

For the transition period from __________ to __________

Commission file number 0-13112

REAL ESTATE ASSOCIATES LIMITED VI

(A California Limited Partnership)


|                                                                          |  |                                                
|------------------------------------------------------------------------- |  | -----------------------------------------------
|California
(State or other jurisdiction of
incorporation or organization) |  | 95-3778627
(I.R.S. Employer
Identification No.)

9090 Wilshire Blvd., Suite 201,
Beverly Hills, California 90211
(Address of principal executive offices)

(310) 278-2191
(Issuers telephone number)

Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act of 1934 during the past 12 months (or for such
shorter period that the registrant was required to file such reports), and (2)
has been subject to such filing requirements for the past 90 days. Yes [X]
No [  ]



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TABLE OF CONTENTS



|                           |                                                                                               |                                                |  |  |  |  |  | 
|-------------------------- | --------------------------------------------------------------------------------------------- | ---------------------------------------------- |  |  |  |  |  | 
|                           |                                                                                               | BALANCE SHEET                                 
|                           |                                                                                               | CONSOLIDATED STATEMENTS OF OPERATIONS         
|                           |                                                                                               | CONSOLIDATED STATEMENT OF PARTNERS DEFICIENCY
|                           |                                                                                               | CONSOLIDATED STATEMENTS OF CASH FLOWS         
|                           |                                                                                               | NOTES TO CONSOLIDATED FINANCIAL STATEMENTS    
|                           | ITEM 2. MANAGEMENTS ANALYSIS AND DISCUSSION OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
|PART II. OTHER INFORMATION
|                           | ITEM 1. LEGAL PROCEEDINGS                                                                    
|                           | ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K                                                     
|SIGNATURES                



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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

INDEX TO FORM 10-QSB

FOR THE QUARTER ENDED MARCH 31, 2002

|                               |  |            |  |                                                                                      |  |   
|------------------------------ |  | ---------- |  | ------------------------------------------------------------------------------------ |  | --
|PART I.  FINANCIAL INFORMATION |  |           
|                              
|                               |  | Item 1.    |  | Financial Statements                                                                 |  |   
|                              
|                               |  |            |  | Consolidated Balance Sheet,
March 31, 2002                                           |  | 1 
|                              
|                               |  |            |  | Consolidated Statements of Operations,
Three Months Ended, March 31, 2002 and 2001   |  | 2 
|                              
|                               |  |            |  | Consolidated Statement of Partners Deficiency
Three Months Ended March 31, 2002     |  | 3 
|                              
|                               |  |            |  | Consolidated Statements of Cash Flows
Three Months Ended March 31, 2002 and 2001     |  | 4 
|                              
|                               |  |            |  | Notes to Consolidated Financial Statements                                           |  | 5 
|                              
|                               |  | Item 2.    |  | Managements Discussion and Analysis of Financial
Condition and Results of Operation |  | 12
|                              
|PART II. OTHER INFORMATION     |  |           
|                              
|                               |  | Item 1.    |  | Legal Proceedings                                                                    |  | 14
|                              
|                               |  | Item 6.    |  | Exhibits and Reports on Form 8-K                                                     |  | 15
|                              
|                               |  | Signatures |  | 16                                                                                  





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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

BALANCE SHEET

MARCH 31, 2002
(Unaudited)

ASSETS

|                                                 |                                                                  |              |                                            |            |           |           |  | 
|------------------------------------------------ | ---------------------------------------------------------------- | ------------ | ------------------------------------------ | ---------- | --------- | --------- |  | 
|INVESTMENTS IN LIMITED PARTNERSHIPS (Note 2)     |                                                                  | $            | 512,538                                    |           
|CASH AND CASH EQUIVALENTS (Note 1)               |                                                                  |              | 2,012,623                                  |           
|                                                 |                                                                  |              |                                            |           
|                                                 |                                                                  | TOTAL ASSETS |                                            | $          | 2,525,161 |          
|                                                 |                                                                  |              |                                            |           
|LIABILITIES AND PARTNERS DEFICIENCY            
|LIABILITIES:                                     |                                                                  |              |                                            |           
|                                                 | Notes payable and amounts due for partnership
interests (Note 3) |              | $                                          | 1,765,000  |          
|                                                 | Accrued interest payable (Note 3)                                |              |                                            | 2,218,924  |          
|                                                 | Accounts payable                                                 |              |                                            | 138,928    |          
|                                                 | Due to affiliates (Note 4)                                       |              |                                            | 308        |          
|                                                 |                                                                  |              |                                            |           
|                                                 |                                                                  |              | 4,123,160                                  |           
|                                                 |                                                                  |              |                                            |           
|COMMITMENTS AND CONTINGENCIES (Notes 2, 4 and 5)
|PARTNERS DEFICIENCY:                            |                                                                  |              |                                            |           
|                                                 | General partners                                                 |              |                                            | (367,169   | )        
|                                                 | Limited partners                                                 |              |                                            | (1,230,830 | )        
|                                                 |                                                                  |              |                                            |           
|                                                 |                                                                  |              | (1,597,999                                 | )         
|                                                 |                                                                  |              |                                            |           
|                                                 |                                                                  |              | TOTAL LIABILITIES AND PARTNERS DEFICIENCY |            | $         | 2,525,161 | 
|                                                 |                                                                  |              |                                            |           

The accompanying notes are an integral part of these consolidated financial statements.

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

CONSOLIDATED STATEMENTS OF OPERATIONS
FOR THE THREE MONTHS ENDED MARCH 31, 2002 AND 2001
(Unaudited)

|                                                                                        |                                            |   |          |        |      |   |          |        | 
|--------------------------------------------------------------------------------------- | ------------------------------------------ | - | -------- | ------ | ---- | - | -------- | ------ | 
|                                                                                        |                                            |   | 2002     |        | 2001
|                                                                                        |                                            |   |          |        |     
|INTEREST AND OTHER INCOME                                                               |                                            | $ | 6,295    |        |      | $ | 40,738   |       
|                                                                                        |                                            |   |          |        |      |   |          |       
|OPERATING EXPENSES:                                                                     |                                            |   |          |        |      |   |          |       
|                                                                                        | Management fees  general partner (Note 4) |   |          | 51,609 |      |   |          | 51,608 | 
|                                                                                        | Legal and accounting                       |   |          | 41,898 |      |   |          |       | 
|                                                                                        | General and administrative (Note 4)        |   |          | 44,016 |      |   |          | 41,647 | 
|                                                                                        | Interest (Note 3)                          |   |          | 34,200 |      |   |          | 34,200 | 
|                                                                                        |                                            |   |          |        |      |   |          |       
|                                                                                        |                                            |   | 171,723  |        |      |   | 127,455  |       
|                                                                                        |                                            |   |          |        |      |   |          |       
|LOSS FROM PARTNERSHIP OPERATIONS                                                        |                                            |   | (165,428 | )      |      |   | (86,717  | )     
|EQUITY IN INCOME OF LIMITED
PARTNERSHIPS AND AMORTIZATION
OF ACQUISITION COSTS (Note 2) |                                            |   | 2,381    |        |      |   | 12,000   |       
|WRITE-OFF OF ADVANCES TO PARTNERSHIPS (Note 2)                                          |                                            |   | (65,593  | )      |      |   | (131,928 | )     
|                                                                                        |                                            |   |          |        |      |   |          |       
|NET LOSS                                                                                |                                            | $ | (228,640 | )      |      | $ | (206,645 | )     
|                                                                                        |                                            |   |          |        |      |   |          |       
|NET LOSS PER LIMITED PARTNERSHIP
INTEREST(Note 1)                                       |                                            | $ | (13      | )      |      | $ | (12      | )     
|                                                                                        |                                            |   |          |        |      |   |          |       

The accompanying notes are an integral part of these consolidated financial statements.

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REAL ESTATE ASSOCIATES LIMITED VI AND SUBSIDIARIES
(a California limited partnership)

CONSOLIDATED STATEMENT OF PARTNERS DEFICIENCY
FOR THE THREE MONTHS ENDED MARCH 31, 2002
(Unaudited)

|                      |                                                    |  |          |          |          |  |        |            |   |  |   |            |  
|--------------------- | -------------------------------------------------- |  | -------- | -------- | -------- |  | ------ | ---------- | - |  | - | ---------- | -
|                      |                                                    |  | General  |          | Limited  |  |        |            |  
|                      |                                                    |  | Partners |          | Partners |  | Total 
|                      |                                                    |  |          |          |          |  |       
|PARTNERSHIP INTERESTS |                                                    |  |          |          |          |  | 16,810 |            |   |  |   |           
|                      |                                                    |  |          |          |          |  |        |            |   |  |   |           
|DEFICIENCY,           |                                                    |  |          |          |          |  |        |            |   |  |   |           
|                      | January 1, 2002                                    |  | $        | (364,883 | )        |  | $      | (1,004,476 | ) |  | $ | (1,369,359 | )
|                      | Net loss for the three months
ended March 31, 2002 |  |          | (2,286   | )        |  |        | (226,354   | ) |  |   | (228,640   | )
|                      |                                                    |  |          |          |          |  |        |            |   |  |   |           
|DEFICIENCY,           |                                                    |  |          |          |          |  |        |            |   |  |   |           
|                      | March 31, 2002                                     |  | $        | (367,169 | )        |  | $      | (1,230,830 | ) |  | $ | (1,597,999 | )
|                      |                                                    |  |          |          |          |  |        |            |   |  |   |           

The accompanying notes are an integral part of these consolidated financial statements.

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REAL ESTATE ASSOCIATES LIMITED VI AND SUBSIDIARIES
(a California limited partnership)

CONSOLIDATED STATEMENTS OF CASH FLOWS
FOR THE THREE MONTHS ENDED MARCH 31, 2002 AND 2001
(Unaudited)

|                                               |                                                                             |                                                                                |           |          |        |      |           |          |         |  
|---------------------------------------------- | --------------------------------------------------------------------------- | ------------------------------------------------------------------------------ | --------- | -------- | ------ | ---- | --------- | -------- | ------- | -
|                                               |                                                                             |                                                                                |           | 2002     |        | 2001
|                                               |                                                                             |                                                                                |           |          |        |     
|CASH FLOWS FROM OPERATING ACTIVITIES:          |                                                                             |                                                                                |           |          |        |      |           |         
|                                               | Net loss                                                                    |                                                                                | $         | (228,640 | )      |      | $         | (206,645 | )      
|                                               | Adjustments to reconcile net loss to net
cash used in operating activities: |                                                                                |           |          |        |      |           |          |        
|                                               |                                                                             | Equity in income of limited partnerships
and amortization of acquisition costs |           |          | (2,381 | )    |           |          | (12,000 | )
|                                               |                                                                             | Increase in accrued interest payable                                           |           |          | 34,200 |      |           |          | 34,200  |  
|                                               |                                                                             | Decrease in due to affiliates                                                  |           |          | (5,527 | )    |           |          |        |  
|                                               |                                                                             | Increase in accounts payable                                                   |           |          | 67,505 |      |           |          | 824     |  
|                                               |                                                                             |                                                                                |           |          |        |      |           |         
|NET DECREASE IN CASH AND CASH EQUIVALENTS      |                                                                             |                                                                                | (134,843  | )        |        |      | (183,621  | )       
|CASH AND CASH EQUIVALENTS, beginning of period |                                                                             |                                                                                | 2,147,466 |          |        |      | 3,197,380 |         
|                                               |                                                                             |                                                                                |           |          |        |      |           |         
|CASH AND CASH EQUIVALENTS, end of period       |                                                                             | $                                                                              | 2,012,623 |          |        | $    | 3,013,759 |         
|                                               |                                                                             |                                                                                |           |          |        |      |           |         

The accompanying notes are an integral part of these consolidated financial statements.

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

MARCH 31, 2002

NOTE 1  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

General

The information contained in the following notes to the financial
statements is condensed from that which would appear in the audited
annual financial statements; accordingly, the financial statements
included herein should be reviewed in conjunction with the financial
statements and related notes thereto contained in the annual report for
the year ended December 31, 2001 prepared by Real Estate Associates
Limited VI and Subsidiaries (the Partnership). Accounting
measurements at interim dates inherently involve greater reliance on
estimates than at year end. The results of operations for the interim
periods presented are not necessarily indicative of the results for the
entire year.

In the opinion of the Partnership, the accompanying unaudited financial
statements contain all adjustments (consisting primarily of normal
recurring accruals) necessary to present fairly the financial position
of the Partnership at March 31, 2002 and the results of operations and
changes in cash flows for the three months then ended.

The general partners have a 1 percent interest in profits and losses of
the Partnership. The limited partners have the remaining 99 percent
interest which is allocated in proportion to their respective individual
investments. National Partnership Investments Corp. (NAPICO) is the
managing general partner of the Partnership. Prior to March 11, 2002,
Casden Properties Inc. owned a 95.25% economic interest in NAPICO, with
the balance owned by Casden Investment Corporation (CIC). CIC, which
is wholly owned by Alan I. Casden, owned 95% of the voting common stock
of NAPICO prior to March 11, 2002.

On December 3, 2001, Casden Properties Inc., entered into a merger
agreement and certain other transaction documents with Apartment
Investment and Management Company, a Maryland corporation (AIMCO) and
certain of its subsidiaries, pursuant to which, on March 11, 2002, AIMCO
acquired Casden Properties Inc. and its subsidiaries, including NAPICO.

Basis of Presentation

The accompanying financial statements have been prepared in conformity
with accounting principles generally accepted in the United States of
America.

Recent Accounting Pronouncements

In July 2001, Statement of Financial Accounting Standards Number (SFAS
No.) 141, Business Combinations and SFAS No. 142, Goodwill and Other
Intangible Assets were issued. SFAS No. 141 was effective immediately
and SFAS 142 was effective January 2002. In June 2001, SFAS No. 143,
Accounting for Asset Retirement Obligations was issued. In August
2001, SFAS No. 144, Accounting for the Impairment or Disposal of
Long-Lived Assets was issued. The new standards are not expected to
have a significant impact on the Partnerships financial statements.

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

MARCH 31, 2002

NOTE 1  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Use of Estimates

The preparation of financial statements in conformity with accounting
principles generally accepted in the United States of America requires
management to make estimates and assumptions that affect the reported
amounts of assets and liabilities and disclosure of contingent assets
and liabilities at the date of the financial statements and reported
amounts of revenues and expenses during the reporting period. Actual
results could differ from those estimates.

Principles of Consolidation

The consolidated financial statements include the accounts of Real
Estate Associates Limited VI and its majority-owned general
partnerships. All significant intercompany accounts and transactions
have been eliminated in consolidation.

Method of Accounting for Investment in the Unconsolidated Limited Partnerships

The investments in unconsolidated limited partnerships are accounted for
on the equity method. Acquisition, selection and other costs related to
the acquisition of the projects are capitalized as part of the
investment account and are being amortized on a straight line basis over
the estimated lives of the underlying assets, which is generally 30
years.

Net Loss Per Limited Partnership Interest

Net loss per limited partnership interest was computed by dividing the
limited partners share of net loss by the number of limited partnership
interests outstanding during the period. The number of limited
partnership interests was 16,810 for the periods presented.

Cash and Cash Equivalents

Cash and cash equivalents consist of unrestricted cash and bank
certificates of deposit with maturities of three months or less.
Restricted cash consist of tenants security and escrow deposits and
mortgage impounds. The Partnership has its cash and cash equivalents on
deposit primarily with two high credit quality financial institutions.
Such cash and cash equivalents are in excess of the FDIC insurance
limit.

Income Taxes

No provision has been made for income taxes in the accompanying
financial statements since such taxes, if any, are the liability of the
individual partners.

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

MARCH 31, 2002

NOTE 1  SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)

Impairment of Long-Lived Assets

The Partnership reviews long-lived assets to determine if there has been
any permanent impairment whenever events or changes in circumstances
indicate that the carrying amount of the asset may not be recoverable.
If the sum of the expected future cash flows is less than the carrying
amount of the assets, the Partnership recognizes an impairment loss.

NOTE 2  INVESTMENTS IN LIMITED PARTNERSHIPS

As of March 31, 2002, the Partnership holds limited partnership
interests in 20 limited partnerships. In addition, the Partnership holds
a general partner interest in REA III, which in turn, holds limited
partner interests in 3 additional limited partnerships. In total,
therefore, the Partnership holds interests, either directly or
indirectly through REA III, in 23 partnerships which owned as of March
31, 2002, residential low income rental projects consisting of 1,369
apartment units. The mortgage loans of these projects are payable to or
insured by various governmental agencies.

The Partnership, as a limited partner, is entitled to between 90 percent
and 99 percent of the profits and losses of the limited partnerships it
has invested in directly. The Partnership is also entitled to 99.9
percent of the profits and losses of REA III. REA III holds a 99
percent interest in each of the limited partnerships in which it has
invested.

Equity in losses of unconsolidated limited partnerships is recognized in
the financial statements until the limited partnership investment
account is reduced to a zero balance or to a negative amount equal to
further capital contributions required. Losses incurred after the
limited partnership investment account is reduced to zero are not
recognized. The cumulative amount of the unrecognized equity in losses
of certain limited partnerships was in the aggregate approximately
$11,847,000 as of March 31, 2002.

Distributions from the unconsolidated limited partnerships are accounted
for as a return of capital until the investment balance is reduced to
zero. Subsequent distributions received are recognized as income.

The following is a summary of the investment in unconsolidated limited
partnerships for the three months ended March 31, 2002:

|                                         |  |   |         |  
|---------------------------------------- |  | - | ------- | -
|Balance, beginning of period             |  | $ | 510,157 |  
|Equity in income of limited partnerships |  |   | 3,959   |  
|Amortization of acquisition costs        |  |   | (1,578  | )
|                                         |  |   |         |  
|Balance, end of period                   |  | $ | 512,538 |  
|                                         |  |   |         |  

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

MARCH 31, 2002

NOTE 2  INVESTMENTS IN LIMITED PARTNERSHIP (Continued)

The following are unaudited combined estimated statements of operations
for the three months ended March 31, 2002 and 2001 of the unconsolidated
limited partnerships in which the Partnership has investments:

|               |                    |          |           |                |         |                |           |           |          |  
|-------------- | ------------------ | -------- | --------- | -------------- | ------- | -------------- | --------- | --------- | -------- | -
|               |                    |          |           | Three months   |         | Three months  
|               |                    |          |           | ended          |         | ended         
|               |                    |          |           | March 31, 2002 |         | March 31, 2001
|               |                    |          |           |                |         |               
|Revenues:      |                    |          |           |                |         |                |           |          
|               | Rental and other   |          | $         | 2,508,000      |         |                | $         | 2,474,000 |         
|               |                    |          |           |                |         |                |           |          
|Expenses:      |                    |          |           |                |         |                |           |          
|               | Depreciation       |          |           | 401,000        |         |                |           | 403,000   |         
|               | Interest           |          |           | 640,000        |         |                |           | 647,000   |         
|               | Operating expenses |          |           | 1,558,000      |         |                |           | 1,534,000 |         
|               |                    |          |           |                |         |                |           |          
|Total expenses |                    |          | 2,599,000 |                |         |                | 2,584,000 |          
|               |                    |          |           |                |         |                |           |          
|               |                    | Net loss |           | $              | (91,000 | )              |           | $         | (110,000 | )
|               |                    |          |           |                |         |                |           |          

NAPICO, or one of its affiliates, is the general partner and property
management agent for certain of the limited partnerships included above.

Under recent adopted law and policy, the United States Department of
Housing and Urban Development (HUD) has determined not to renew the
Housing Assistance Payment (HAP) Contracts on a long term basis on the
existing terms. In connection with renewals of the HAP Contracts under
such new law and policy, the amount of rental assistance payments under
renewed HAP Contracts will be based on market rentals instead of above
market rentals, which was generally the case under existing HAP
Contracts. The payments under the renewed HAP Contracts may not be in
an amount that would provide sufficient cash flow to permit owners of
properties subject to HAP Contracts to meet the debt service
requirements of existing loans insured by the Federal Housing
Administration of HUD (FHA) unless such mortgage loans are
restructured. In order to address the reduction in payments under HAP
Contracts as a result of this new policy, the Multi-family Assisted
Housing Reform and Affordability Act of 1997 (MAHRAA) provides for the
restructuring of mortgage loans insured by the FHA with respect to
properties subject to the Section 8 program. Under MAHRAA, an
FHA-insured mortgage loan can be restructured into a first mortgage loan
which will be amortized on a current basis and a low interest second
mortgage loan payable to FHA which will only be payable on maturity of
the first mortgage loan. This restructuring results in a reduction in
annual debt service payable by the owner of the FHA-insured mortgage
loan and is expected to result in an insurance payment from FHA to the
holder of the FHA-insured loan due to the reduction in the principal
amount. MAHRAA also phases out project-based subsidies on selected
properties serving families not located in rental markets with limited
supply, converting such subsidies to a tenant-based subsidy.

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

MARCH 31, 2002

NOTE 2  INVESTMENTS IN LIMITED PARTNERSHIP (Continued)

When the HAP Contracts are subject to renewal, there can be no assurance
that the local limited partnerships in which the Partnership has an
investment will be permitted to restructure its mortgage indebtedness
under MAHRAA. In addition, the economic impact on the Partnership of
the combination of the reduced payments under the HAP Contracts and the
restructuring of the existing FHA-insured mortgage loans under MAHRAA is
uncertain.

NOTE 3  NOTES PAYABLE AND AMOUNTS DUE FOR PARTNERSHIP INTERESTS

Certain of the Partnerships investments involved purchases of
partnership interests from partners who subsequently withdrew from the
operating partnership. The purchase of these interests provides for
additional cash payments of approximately $325,000 based upon specified
events as outlined in the purchase agreements. Such amounts have been
recorded as liabilities. In addition, the Partnership is obligated on
non-recourse notes payable of $1,440,000 which bear interest at 9.5 or
10 percent per annum and have principal maturities ranging from December
1999 to December 2012. Notes payable and related accrued interest
payable aggregating $1,380,138 became payable prior to March 31, 2002.
Management is in process of attempting to negotiate extensions of the
maturity dates on these notes payable.

The notes and related interest are payable from cash flow generated from
operations of the related rental properties as defined in the notes.
These obligations are collateralized by the Partnerships investments in
the limited partnerships. Unpaid interest is due at maturity of the
notes.

Maturity dates of the notes payable and related accrued interest are as follows:

|                          |      |       |           |          |  |   |           |           | 
|------------------------- | ---- | ----- | --------- | -------- |  | - | --------- | --------- | 
|                          |      |       |           |          |  |   | Accrued  
|Years Ending December 31, |      | Notes |           | Interest
|                          |      |       |           |         
|                          | 2002 |       | $         | 520,000  |  |   | $         | 860,138   | 
|                          | 2003 |       |           |         |  |   |           |          | 
|                          | 2004 |       |           |         |  |   |           |          | 
|                          | 2005 |       |           | 750,000  |  |   |           | 1,062,564 | 
|                          | 2006 |       |           |         |  |   |           |          | 
|Thereafter                |      |       | 170,000   |          |  |   | 296,222   |          
|                          |      |       |           |          |  |   |           |          
|                          |      | $     | 1,440,000 |          |  | $ | 2,218,924 |          
|                          |      |       |           |          |  |   |           |          

NOTE 4  MANAGEMENT FEES AND EXPENSES DUE TO GENERAL PARTNER

Under the terms of the Restated Certificate and Agreement of Limited
Partnership, the Partnership is obligated to NAPICO for an annual
management fee of approximately .4 percent of the original invested
assets of the limited partnerships. Invested assets are defined as the
costs of acquiring project interests, including the proportionate amount
of the mortgage loans related to the Partnerships interests in the
capital accounts of the respective partnerships. This fee was
approximately $52,000 and $52,000 for the three months ended March 31,
2002 and 2001, respectively.

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

MARCH 31, 2002

NOTE 4  MANAGEMENT FEES AND EXPENSES DUE TO GENERAL PARTNER (Continued)

The Partnership reimburses NAPICO for certain expenses. The
reimbursement to NAPICO was approximately $5,685 and $5,700 for the
three months ended March 31, 2002 and 2001, respectively, and is
included in general and administrative expenses.

NOTE 5  CONTINGENCIES

On August 27, 1998, two investors holding an aggregate of eight units of
limited partnership interests in Real Estate Associates Limited III (an
affiliated partnership in which NAPICO is the managing general partner)
and two investors holding an aggregate of five units of limited
partnership interest in the Partnership commenced an action in the
United States District Court for the Central District of California
against the Partnership, NAPICO and certain other affiliated entities.
The complaint alleges that the defendants breached their fiduciary duty
to the limited partners of certain NAPICO managed partnerships and made
materially false and misleading statements in the consent solicitation
statements sent to the limited partners of such partnerships relating to
approval of the transfer of partnership interests in limited
partnerships, owning certain of the properties, to affiliates of Casden
Properties Inc., organized by an affiliate of NAPICO. The plaintiffs
seek equitable relief, as well as compensatory damages and litigation
related costs. On August 4, 1999, one investor holding one unit of
limited partnership interest in Housing Programs Limited commenced a
virtually identical action in the United States District Court for the
Central District of California against the Partnership, NAPICO and
certain other affiliated entities. The second action has been subsumed
in the first action, which has been certified as a class action. On
August 21, 2001, plaintiffs filed a supplemental complaint, which added
new claims, including for a recission of the transfer of partnership
interests and an accounting. Trial is scheduled for July 16, 2002.

The holder of a purchase money promissory note issued by Century Plaza
limited partnership, one of the Partnerships investments, in the amount
of $960,000 plus accrued interest payable of $1,603,000 as of March 31,
2002, filed a suit seeking a monetary judgment against the Partnership
and the other partners. The Partnership and other defendants contend the
not is non-recourse and intend to vigorously defend the action. The
Partnership has no investment balance related to this Local Partnership.

Plaintiff, who is a limited partner in the Partnership, claims that
NAPICO and other defendants (1) have refused to provide the plaintiff
with access to the books and records of the Partnership, and (2) have
breached their fiduciary duties and the partnership agreement by failing
to provide such access and by failing to act in the best interest of the
Partnership. The defendants have, however, provided their books and
records to plaintiff pursuant to a protective order. Plaintiff has
failed to quantify its purported damages. Trial is schedule for August
13, 2002.

The managing general partner of such NAPICO managed partnerships and the
other defendants believe that the plaintiffs claims are without merit
and intend to contest the actions vigorously.

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)

MARCH 31, 2002

NOTE 5  CONTINGENCIES (Continued)

The managing general partner of the Partnership is involved in various
lawsuits and have also been named defendants in other lawsuits arising
from transactions in the ordinary course of business. In the opinion of
management and the corporate general partner, the claims will not result
in any material liability to the Partnership.

NOTE 6  FAIR VALUE OF FINANCIAL INSTRUMENTS

Statement of Financial Accounting Standards No. 107, Disclosure about
Fair Value of Financial Instruments, requires disclosure of fair value
information about financial instruments, when it is practicable to
estimate that value. The notes payable and amounts due for partnership
interests are collateralized by the Partnerships investments in
investee limited partnerships and are payable only out of cash
distributions from investee partnerships. The operations generated by
the investee limited partnerships, which account for the Partnerships
primary source of revenues, are subject to various government rules,
regulations and restrictions which make it impracticable to estimate the
fair value of the notes and related accrued interest payable. The
carrying amount of other assets and liabilities reported on the balance
sheets that require such disclosure approximates fair value due to their
short-term maturity.

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

MARCH 31, 2002




ITEM 2. MANAGEMENTS ANALYSIS AND DISCUSSION OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Liquidity and Capital Resources

The Partnerships primary sources of funds include interest income on
short term investments and distributions from limited partnerships in
which the Partnership has invested. It is not expected that any of
the local limited partnerships in which the Partnership has invested
will generate cash flow sufficient to provide for distributions to
limited partners in any material amount. The Partnership made a
distribution to investors in March 31, 1999, primarily using proceeds
from the disposition of its investments in certain limited partnerships.

Results of Operations

Partnership revenues consist primarily of interest income earned on
certificates of deposit and other temporary investment of funds not
required for investment in local partnerships.

Operating expenses consist primarily of recurring general and
administrative expenses and professional fees for services rendered to
the Partnership. In addition, an annual Partnership management fee in
an amount equal to .4 percent of invested assets is payable to the
managing general partner.

The Partnership accounts for its investments in the local limited
partnerships on the equity method, thereby adjusting its investment
balance by its proportionate share of the income or loss of the local
limited partnerships. Losses incurred after the limited partnership
investment account is reduced to zero are not recognized in accordance
with the equity accounting method.

Distributions received from limited partnerships are recognized as
return of capital until the investment balance has been reduced to zero
or to a negative amount equal to future capital contributions required.
Subsequent distributions received are recognized as income.

Except for certificates of deposit and money market funds, the
Partnerships investments are entirely from interests in other limited
and general partnerships owning government assisted projects. Funds
temporarily not required for such investments in projects are invested
providing interest income as reflected in the statement of operations.
These funds can be converted to cash to meet obligations as they arise.
The Partnership intends to continue investing available funds in this
manner.

Under recent adopted law and policy, the United States Department of Housing
and Urban Development (HUD) has determined not to renew the Housing
Assistance Payment (HAP) Contracts on a long term basis on the existing
terms. In connection with renewals of the HAP Contracts under such new law and
policy, the amount of rental assistance payments under renewed HAP Contracts
will be based on market rentals instead of above market rentals, which was
generally the case under existing HAP Contracts. The payments under the
renewed HAP Contracts may not be in an amount that would provide sufficient
cash flow to permit owners of properties subject to HAP Contracts to meet the
debt service requirements of existing loans insured by the

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

MARCH 31, 2002

ITEM 2. MANAGEMENTS ANALYSIS AND DISCUSSION OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (Continued)

Results of Operations (Continued)

Federal Housing Administration of HUD (FHA) unless such mortgage loans
are restructured. In order to address the reduction in payments under
HAP Contracts as a result of this new policy, the Multi-family Assisted
Housing Reform and Affordability Act of 1997 (MAHRAA) provides for the
restructuring of mortgage loans insured by the FHA with respect to
properties subject to the Section 8 program. Under MAHRAA, an
FHA-insured mortgage loan can be restructured into a first mortgage loan
which will be amortized on a current basis and a low interest second
mortgage loan payable to FHA which will only be payable on maturity of
the first mortgage loan. This restructuring results in a reduction in
annual debt service payable by the owner of the FHA-insured mortgage
loan and is expected to result in an insurance payment from FHA to the
holder of the FHA-insured loan due to the reduction in the principal
amount. MAHRAA also phases out project-based subsidies on selected
properties serving families not located in rental markets with limited
supply, converting such subsidies to a tenant-based subsidy.

When the HAP Contracts are subject to renewal, there can be no assurance
that the local limited partnerships in which the Partnership has an
investment will be permitted to restructure its mortgage indebtedness
under MAHRAA. In addition, the economic impact on the Partnership of
the combination of the reduced payments under the HAP Contracts and the
restructuring of the existing FHA-insured mortgage loans under MAHRAA is
uncertain.

Notes payable and related accrued interest payable aggregating
$1,380,138 became payable prior to March 31, 2002. Management is in
process of attempting to negotiate extensions of the maturity dates on
these notes payable.

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

MARCH 31, 2002




PART II. OTHER INFORMATION




ITEM 1. LEGAL PROCEEDINGS

On August 27, 1998, two investors holding an aggregate of eight units of
limited partnership interests in Real Estate Associates Limited III (an
affiliated partnership in which NAPICO is the managing general partner) and two
investors holding an aggregate of five units of limited partnership interest in
the Partnership commenced an action in the United States District Court for the
Central District of California against the Partnership, NAPICO and certain
other affiliated entities. The complaint alleges that the defendants breached
their fiduciary duty to the limited partners of certain NAPICO managed
partnerships and made materially false and misleading statements in the consent
solicitation statements sent to the limited partners of such partnerships
relating to approval of the transfer of partnership interests in limited
partnerships, owning certain of the properties, to affiliates of Casden
Properties Inc., organized by an affiliate of NAPICO. The plaintiffs seek
equitable relief, as well as compensatory damages and litigation related costs.
On August 4, 1999, one investor holding one unit of limited partnership
interest in Housing Programs Limited commenced a virtually identical action in
the United States District Court for the Central District of California against
the Partnership, NAPICO and certain other affiliated entities. The second
action has been subsumed in the first action, which has been certified as a
class action. On August 21, 2001, plaintiffs filed a supplemental complaint,
which added new claims, including for a recission of the transfer of
partnership interests and an accounting. Trial is scheduled for July 16, 2002.

The holder of a purchase money promissory note issued by Century Plaza limited
partnership, one of the Partnerships investments, in the amount of $960,000
plus accrued interest payable of $1,603,000 as of March 31, 2002, filed a suit
seeking a monetary judgment against the Partnership and the other partners. The
Partnership and other defendants contend the not is non-recourse and intend to
vigorously defend the action. The Partnership has no investment balance
related to this Local Partnership.

A company has disseminated a proxy solicitation to the limited partners of the
Partnership seeking their consent to (i) remove the general partners of the
Partnership, (ii) elect a new general partner, (iii) analyze the possible
disposition of the Partnership assets, (iv) distribute the Partnerships cash
reserves, (v) investigate alleged claims against the general partners of the
Partnership and (vi) reduce management fees. The proxy solicitation terminated
March 31, 2002. The outcome of the proxy solicitation has no yet been
finalized, however, the managing general partner does not believe it will
result in any material changes.

Plaintiff, who is a limited partner in the Partnership, claims that NAPICO and
other defendants (1) have refused to provide the plaintiff with access to the
books and records of the Partnership, and (2) have breached their fiduciary
duties and the partnership agreement by failing to provide such access and by
failing to act in the best interest of the Partnership. The defendants have,
however, provided their books and records to plaintiff pursuant to a protective
order. Plaintiff has failed to quantify its purported damages. Trial is
schedule for August 13, 2002.

The managing general partner of such NAPICO managed partnerships and the other
defendants believe that the plaintiffs claims are without merit and intend to
contest the actions vigorously.

The Partnerships managing general partner is involved in various lawsuits.
None of these lawsuits are related to the Partnership.

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

MARCH 31, 2002




ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K



| | (a) |  | No exhibits are required per the provision of item 6 of
regulation S-B and no reports on Form 8-K were filed during the
quarter ended March 31, 2002.
| | --- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------

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REAL ESTATE ASSOCIATES LIMITED VI
(a California limited partnership)

MARCH 31, 2002




SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused
this report to be signed on its behalf by the undersigned, thereunto duly
authorized.



| | REAL ESTATE ASSOCIATES LIMITED VI AND
SUBSIDIARIES (a California limited partnership)
| | -------------------------------------------------------------------------------------



| | By: | National Partnership Investments
Corp., General Partner
| | --- | -------------------------------------------------------



| | By: | /s/ Peter Kompaniez
Peter Kompaniez
President
| | --- | ---------------------------------------------



| | Date: | 5/15/02
| | ----- | -------



| | By: | /s/ Brian H. Shuman
Brian H. Shuman
Chief Financial Officer
| | --- | -----------------------------------------------------------



| | Date: | 5/15/02
| | ----- | -------

16