UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   Form 10-KSB
(Mark One)
[X]   ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT
      OF 1934

                 For the fiscal year ended December 31, 2004

[ ]   TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
      ACT OF 1934

             For the transition period from _________to _________

                         Commission file number 0-16210

                        ANGELES INCOME PROPERTIES, LTD. 6
                 (Name of small business issuer in its charter)

         California                                              95-4106139
(State or other jurisdiction of                               (I.R.S. Employer
 incorporation or organization)                              Identification No.)

                          55 Beattie Place, PO Box 1089
                        Greenville, South Carolina 29602
                    (Address of principal executive offices)

                    Issuer's telephone number (864) 239-1000

        Securities registered under Section 12(b) of the Exchange Act:

                                      None

        Securities registered under Section 12(g) of the Exchange Act:

                      Units of Limited Partnership Interest
                                (Title of class)

Check  whether the issuer (1) filed all reports  required to be filed by Section
13 or 15(d) of the  Exchange  Act 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___

Check if there is no disclosure  of delinquent  filers in response to Item 405
of  Regulation  S-B  contained  in  this  form,  and  no  disclosure  will  be
contained,  to the best of the  registrant's  knowledge in definitive proxy or
information  statements  incorporated  by  reference  in Part III of this Form
10-KSB or any amendment to this Form 10-KSB.  [X]

State issuer's revenues for its most recent fiscal year.  $3,575,000

State the aggregate  market value of the voting  partnership  interests  held by
non-affiliates  computed  by  reference  to the price at which  the  partnership
interests  were sold,  or the average bid and asked  prices of such  partnership
interests as of December 31, 2004. No market exists for the limited  partnership
interests of the Registrant,  and,  therefore,  no aggregate market value can be
determined.

                       DOCUMENTS INCORPORATED BY REFERENCE
                                      None


<PAGE>






The matters discussed in this report contain certain forward-looking statements,
including, without limitation, statements regarding future financial performance
and the effect of government  regulations.  Actual results may differ materially
from the those described in the forward-looking  statements and will be affected
by a variety of risks and factors,  including without  limitation:  national and
local economic conditions; the terms of governmental regulations that affect the
Registrant and interpretations of those regulations; the competitive environment
in which the Registrant operates;  financing risks, including the risk that cash
flows from operations may be insufficient to meet required payments of principal
and interest; real estate risks, including variations of real estate values; and
the general  economic  climate in local markets and  competition  for tenants in
such markets;  litigation,  including  costs  associated  with  prosecuting  and
defending  claims  and  any  adverse   outcomes,   and  possible   environmental
liabilities.   Readers  should  carefully  review  the  Registrant's   financial
statements and the notes thereto,  as well as the risk factors  described in the
documents  the  Registrant  files  from  time to time  with the  Securities  and
Exchange Commission.

                                     PART I

Item 1.     Description of Business

Angeles Income  Properties,  Ltd. 6 (the  "Partnership"  or  "Registrant")  is a
publicly held limited partnership organized under the California Uniform Limited
Partnership Act on June 29, 1984, as amended. The Partnership Agreement provides
that the  Partnership  is to terminate on December 31, 2037,  unless  terminated
prior to such date.

The Partnership's general partner is Angeles Realty Corporation II, a California
corporation  (the  "General  Partner"  or "ARC II").  The  General  Partner  was
wholly-owned by Insignia Properties Trust ("IPT").  Effective February 26, 1999,
IPT was merged into Apartment  Investment and Management  Company  ("AIMCO"),  a
publicly traded real estate investment trust. Thus, the General Partner is now a
wholly-owned subsidiary of AIMCO.

The Partnership,  through its public offering of Limited Partnership Units, sold
47,384 units aggregating $47,384,000. The General Partner contributed capital in
the amount of $1,000 for a 1%  interest  in the  Partnership.  Since its initial
offering, the Partnership has not received, nor are limited partners required to
make,  additional  capital  contributions.  The  Partnership  was formed for the
purpose of acquiring fee and other forms of equity interests in various types of
real estate property.  At December 31, 2004, the Partnership  owned and operated
two residential properties (see "Item 2. Description of Properties").

The Partnership  has no employees.  Management and  administrative  services are
provided by the General Partner and by agents  retained by the General  Partner.
These services were provided by affiliates of the General  Partner for the years
ended December 31, 2004 and 2003.

Risk Factors

The  real  estate  business  in which  the  Partnership  is  engaged  is  highly
competitive.  There are other  residential  properties within the market area of
the Partnership's properties.  The number and quality of competitive properties,
including  those which may be managed by an affiliate of the General  Partner in
such  market  area,  could have a material  effect on the rental  market for the
apartments at the Partnership's properties and the rents that may be charged for
such apartments. While the General Partner and its affiliates own and/or control
a  significant  number of  apartment  units in the  United  States,  such  units
represent an  insignificant  percentage of total  apartment  units in the United
States and competition for the apartments is local.

Laws benefiting  disabled persons may result in the Partnership's  incurrence of
unanticipated  expenses.  Under the Americans with  Disabilities Act of 1990, or
ADA,  all places  intended to be used by the public are required to meet certain
Federal  requirements  related to access and use by disabled persons.  Likewise,
the Fair Housing Amendments Act of 1988, or FHAA, requires apartment  properties
first occupied after March 13, 1990 to be accessible to the  handicapped.  These
and other  Federal,  state  and  local  laws may  require  modifications  to the
Partnership's   properties,   or  restrict   renovations   of  the   properties.
Noncompliance  with  these laws could  result in the  imposition  of fines or an
award of  damages  to private  litigants  and also  could  result in an order to
correct any  non-complying  feature,  which could result in substantial  capital
expenditures.  Although  the General  Partner  believes  that the  Partnership's
properties are  substantially in compliance with the present  requirements,  the
Partnership  may incur  unanticipated  expenses  to comply  with the ADA and the
FHAA.

Both  the  income  and  expenses  of  operating  the  properties  owned  by  the
Partnership are subject to factors outside of the Partnership's control, such as
changes in the supply and demand for similar  properties  resulting from various
market  conditions,  increases/decreases  in unemployment or population  shifts,
changes in the availability of permanent mortgage  financing,  changes in zoning
laws,  or changes in patterns or needs of users.  In  addition,  there are risks
inherent in owning and operating residential  properties because such properties
are  susceptible to the impact of economic and other  conditions  outside of the
control of the Partnership.

From time to time, the Federal Bureau of  Investigation,  or FBI, and the United
States  Department  of  Homeland  Security  issue  alerts  regarding   potential
terrorist threats  involving  apartment  buildings.  Threats of future terrorist
attacks,  such as those  announced  by the FBI and the  Department  of  Homeland
Security,  could  have a  negative  effect on rent and  occupancy  levels at the
Partnership's properties. The effect that future terrorist activities or threats
of such activities could have on the  Partnership's  operations is uncertain and
unpredictable. If the Partnership were to incur a loss at a property as a result
of an act of  terrorism,  the  Partnership  could  lose all or a portion  of the
capital  invested  in the  property,  as well as the  future  revenue  from  the
property.  In this regard, the Partnership has purchased insurance to cover acts
of terrorism. The General Partner does not anticipate that these costs will have
a negative  effect on the  Partnership's  consolidated  financial  condition  or
results of operations.

There have been, and it is possible there may be other, Federal, state and local
legislation  and  regulations   enacted   relating  to  the  protection  of  the
environment.  The Partnership is unable to predict the extent,  if any, to which
such new  legislation  or  regulations  might occur and the degree to which such
existing or new legislation or regulations might adversely affect the properties
owned by the Partnership.

The Partnership  monitors its properties for evidence of pollutants,  toxins and
other dangerous substances, including the presence of asbestos. In certain cases
environmental  testing has been performed which resulted in no material  adverse
conditions or liabilities.  In no case has the Partnership  received notice that
it is a potentially  responsible party with respect to an environmental clean up
site.

A further  description  of the  Partnership's  business  is included in "Item 6.
Management's Discussion and Analysis or Plan of Operation" of this Form 10-KSB.

Item 2.     Description of Properties

The following table sets forth the Partnership's investment in properties:

                           Date of
Property                   Purchase       Type of Ownership             Use

Lazy Hollow Apartments     07/01/89  Fee ownership subject to        Apartment
  Columbia, MD (1)                   a first mortgage                178 units

Homestead Apartments       11/10/88  Fee ownership subject to        Apartment
  East Lansing, MI                   a first mortgage                168 units

(1)   Property is held by a Limited  Partnership in which the Partnership owns a
      99% interest.

Schedule of Properties

Set forth below for each of the  Partnership's  properties is the gross carrying
value,  accumulated  depreciation,  depreciable life, method of depreciation and
Federal tax basis.
<TABLE>
<CAPTION>

                             Gross
                           Carrying    Accumulated  Depreciable             Federal
Property                     Value    Depreciation     Life     Method     Tax Basis
                               (in thousands)                           (in thousands)
<S>                         <C>          <C>         <C>                    <C>
Lazy Hollow Apartments      $ 8,549      $ 4,223     5-40 yrs     S/L       $ 7,140
Homestead Apartments          6,131        2,938     5-40 yrs     S/L         4,398
                            $14,680      $ 7,161                            $11,538
</TABLE>

See  "Item  7.  Financial  Statements  -  Note  A"  for a  description  of the
Partnership's capitalization and depreciation policies.


Schedule of Property Indebtedness

The  following  table  sets  forth  certain  information  relating  to the loans
encumbering the Partnership's properties.
<TABLE>

                                  Principal                                        Principal
                                 Balance At                                         Balance
                                December 31,    Interest    Period    Maturity      Due At
Property                            2004        Rate (1)  Amortized     Date     Maturity (2)
                               (in thousands)                                   (in thousands)
Lazy Hollow Apartments
<S>                                <C>            <C>       <C>        <C>           <C>
  1st trust deed                   $ 9,543        5.94%     20 yrs     04/23         $ --
Homestead Apartments
  1st trust deed                     4,145        7.02%     20 yrs     11/21             --
                                   $13,688                                           $ --
</TABLE>


(1)   Fixed rate mortgage.

(2)   See "Item 7. Financial  Statements - Note B" for information  with respect
      to the  Partnership's  ability to prepay  these fixed rate loans and other
      specific details about the loans.

On March 31, 2003,  the  Partnership  refinanced the mortgage  encumbering  Lazy
Hollow   Apartments.   The  refinancing   replaced   mortgage   indebtedness  of
approximately  $3,591,000 with a new mortgage of  $10,000,000.  The mortgage was
refinanced at the rate of 5.94% compared to the prior rate of 7.50%. Payments of
principal and interest of approximately $71,000 are due on the first day of each
month  commencing May 2003 until April 2023, at which time the note is scheduled
to be fully  amortized.  Capitalized  loan  costs,  which are  included in other
assets, incurred with the refinancing were approximately $274,000, and are being
amortized over the term of the mortgage note payable.

Rental Rates and Occupancy

Average annual rental rates and occupancy for 2004 and 2003 for each property:
<TABLE>
<CAPTION>

                                          Average Annual                 Average
                                           Rental Rates                 Occupancy
                                            (per unit)
 Property                              2004            2003          2004       2003

<S>                                  <C>             <C>             <C>        <C>
 Lazy Hollow Apartments              $12,710         $12,202         96%        97%
 Homestead Apartments                  8,049           8,072         88%        91%
</TABLE>

The General Partner attributes the decrease in occupancy at Homestead Apartments
to strong competition in pricing from other properties in the local market.

As noted under "Item 1.  Description of Business",  the real estate  industry is
highly competitive. Both of the properties are subject to competition from other
residential  apartment  complexes in the area. The General Partner believes that
both of the  properties  are  adequately  insured.  The properties are apartment
complexes  which lease units for lease terms of one year or less. No residential
tenant leases 10% or more of the available rental space.  Both of the properties
are in good physical condition, subject to normal depreciation and deterioration
as is typical for assets of this type and age.

Real Estate Taxes and Rates

Real estate taxes and rates in 2004 for each property were:

                                              2004            2004
                                            Billing           Rate
                                         (in thousands)
Property
Lazy Hollow Apartments (1)                    $151            1.13%
Homestead Apartments                           178            6.21%

(1)   Tax bill is for the fiscal year of the taxing authority which differs from
      that of the Partnership.

Capital Improvements

Lazy Hollow Apartments

During the year ended December 31, 2004, the Partnership completed approximately
$218,000 of capital  improvements at Lazy Hollow Apartments  consisting of major
landscaping,  cabinet,  appliance and floor covering replacements and structural
improvements.  These  improvements  were funded from  operating  cash flow.  The
Partnership  regularly  evaluates the capital improvement needs of the property.
While the Partnership has no material commitments for property  improvements and
replacements,  certain routine capital expenditures are anticipated during 2005.
Such capital  expenditures will depend on the physical condition of the property
as well as anticipated cash flow generated by the property.

Homestead Apartments

During the year ended December 31, 2004, the Partnership completed approximately
$108,000 of capital improvements at Homestead Apartments consisting primarily of
appliance and floor covering  replacements.  These improvements were funded from
operating cash flow. The Partnership regularly evaluates the capital improvement
needs of the property.  While the  Partnership  has no material  commitments for
property improvements and replacements, certain routine capital expenditures are
anticipated  during 2005. Such capital  expenditures will depend on the physical
condition  of the  property as well as  anticipated  cash flow  generated by the
property.

Capital  expenditures will be incurred only if cash is available from operations
or from  Partnership  reserves.  To the extent  that  capital  improvements  are
completed,  the Partnership's  distributable cash flow, if any, may be adversely
affected at least in the short term.

Item 3.     Legal Proceedings

In March 1998, several putative unit holders of limited partnership units of the
Partnership  commenced an action  entitled  Rosalie  Nuanes,  et al. v. Insignia
Financial Group, Inc., et al. (the "Nuanes action") in the Superior Court of the
State of  California  for the  County  of San  Mateo.  The  plaintiffs  named as
defendants,  among others,  the Partnership,  its General Partner and several of
their affiliated  partnerships and corporate  entities.  The action purported to
assert  claims on behalf of a class of  limited  partners  and  derivatively  on
behalf of a number of limited partnerships  (including the Partnership) that are
named as nominal defendants, challenging, among other things, the acquisition of
interests in certain General Partner entities by Insignia  Financial Group, Inc.
("Insignia") and entities that were, at one time,  affiliates of Insignia;  past
tender offers by the Insignia  affiliates to acquire limited  partnership units;
management of the  partnerships  by the Insignia  affiliates;  and the series of
transactions  which  closed on October 1, 1998 and  February  26,  1999  whereby
Insignia and Insignia  Properties Trust,  respectively,  were merged into AIMCO.
The plaintiffs sought monetary damages and equitable relief,  including judicial
dissolution of the Partnership. In addition, during the third quarter of 2001, a
complaint captioned Heller v. Insignia Financial Group (the "Heller action") was
filed against the same  defendants  that are named in the Nuanes  action.  On or
about August 6, 2001,  plaintiffs  filed a first amended  complaint.  The Heller
action was brought as a purported  derivative  action,  and asserted claims for,
among other things,  breach of fiduciary duty, unfair  competition,  conversion,
unjust enrichment, and judicial dissolution.

On January 8, 2003,  the parties filed a  Stipulation  of Settlement in proposed
settlement of the Nuanes action and the Heller action.

In general  terms,  the  proposed  settlement  provides  for  certification  for
settlement  purposes of a settlement class consisting of all limited partners in
this  Partnership and others (the  "Partnerships")  as of December 20, 2002, the
dismissal  with  prejudice  and  release  of claims  in the  Nuanes  and  Heller
litigation,  payment by AIMCO of $9.9  million  (which shall be  distributed  to
settlement  class  members  after  deduction of attorney fees and costs of class
counsel and certain costs of settlement) and up to $1 million toward the cost of
independent  appraisals of the  Partnerships'  properties  by a court  appointed
appraiser.  An affiliate of the General Partner has also agreed to make at least
one round of tender offers to purchase all of the  partnership  interests in the
Partnerships within one year of final approval, if it is granted, and to provide
partners  with the  independent  appraisals  at the time of these  tenders.  The
proposed  settlement  also provided for the  limitation  of the allowable  costs
which the General  Partner or its  affiliates  will charge the  Partnerships  in
connection with this litigation and imposes limits on the class counsel fees and
costs in this litigation.  On April 11, 2003,  notice was distributed to limited
partners providing the details of the proposed settlement.

On June 13, 2003, the court granted final approval of the settlement and entered
judgment in both the Nuanes and Heller actions.  On August 12, 2003, an objector
("Objector") filed an appeal (the "Appeal") seeking to vacate and/or reverse the
order approving the settlement and entering  judgment  thereto.  On November 24,
2003,  the Objector  filed an  application  requesting  the court order AIMCO to
withdraw settlement tender offers it had commenced,  refrain from making further
offers  pending  the appeal and auction  any units  tendered  to third  parties,
contending  that the offers did not  conform  with the terms of the  settlement.
Counsel  for the  Objector  (on behalf of another  investor)  had  alternatively
requested the court take certain action  purportedly to enforce the terms of the
settlement agreement. On December 18, 2003, the court heard oral argument on the
motions  and denied them both in their  entirety.  The  Objector  filed a second
appeal challenging the court's use of a referee and its order requiring Objector
to pay those fees.

On January 28, 2004,  the  Objector  filed his opening  brief in the Appeal.  On
April 23, 2004, the General Partner and its affiliates filed a response brief in
support of the settlement  and the judgment  thereto.  The plaintiffs  have also
filed a brief in support of the  settlement.  On June 4, 2004,  Objector filed a
reply to the briefs submitted by the General Partner and Plaintiffs. In addition
both the Objector and  plaintiffs  filed  briefs in  connection  with the second
appeal.  On March 21, 2005, the Court of Appeals issued opinions in both pending
appeals.  With regard to the settlement and judgment entered thereto,  the Court
of Appeals  vacated the trial  court's order and remanded to the trial court for
further  findings on the basis that the "state of the record is  insufficient to
permit meaningful appellate review". With regard to the second appeal, the Court
of Appeals reversed the order requiring the Objector to pay referee fees.

The  General  Partner  does not  anticipate  that any costs to the  Partnership,
whether legal or settlement costs,  associated with these cases will be material
to the Partnership's overall operations.

As a result of a previously  disclosed  complaint filed on August 8, 2003 and an
amended  complaint filed March 5, 2004, AIMCO Properties L.P. and NHP Management
Company,  both affiliates of the General Partner, are defendants in an action in
the United States  District  Court,  District of Columbia.  The plaintiffs  have
styled their complaint as a collective action under the Fair Labor Standards Act
("FLSA") and seek to certify state subclasses in California,  Maryland,  and the
District of Columbia. Specifically, the plaintiffs contend that AIMCO Properties
L.P. failed to compensate  maintenance  workers for time that they were required
to be "on-call". Additionally, plaintiffs allege AIMCO Properties L.P. failed to
comply  with the FLSA in  compensating  maintenance  workers  for time that they
worked in responding to a call while  "on-call".  The  defendants  have filed an
answer to the amended complaint denying the substantive  allegations.  Discovery
relating to the certification of the collective  action has concluded.  Briefing
concerning the  certification  of the  collective  action will commence in March
2005.  Although the outcome of any  litigation is uncertain,  AIMCO  Properties,
L.P.  does not believe  that the ultimate  outcome will have a material  adverse
effect on its  financial  condition  or results of  operations.  Similarly,  the
General Partner does not believe that the ultimate  outcome will have a material
adverse  effect  on  the  Partnership's   financial   condition  or  results  of
operations.

Item 4.     Submission of Matters to a Vote of Security Holders

During the quarter ended December 31, 2004, no matter was submitted to a vote of
unit holders through the solicitation of proxies or otherwise.

                                     PART II

Item 5.     Market for the Partnership's Common Equity and Related Security
            Holder Matters

The  Partnership,  a  publicly-held  limited  partnership  sold  47,384  Limited
Partnership  Units during its offering period through September 30, 1988, and as
of December 31, 2004, had 47,311 Limited  Partnership  Units outstanding held by
2,168 Limited Partners of record. Affiliates of the General Partner owned 23,377
units or 49.41% at December 31, 2004.

The  Partnership  distributed  the  following  amounts  during  the years  ended
December 31, 2004 and 2003 (in thousands except per unit data):
<TABLE>
<CAPTION>

                                          Per                               Per
                      Year Ended        Limited         Year Ended        Limited
                     December 31,     Partnership      December 31,     Partnership
                         2004             Unit             2003             Unit

<S>         <C>        <C>              <C>              <C>               <C>
Refinancing (1)        $   --           $    --          $6,077            $127.16
Operations                225              4.71           1,219              25.51
                       $  225           $  4.71          $7,296            $152.67
</TABLE>

(1) From the refinancing of Lazy Hollow Apartments in March 2003.

In  conjunction  with the  transfer  of funds from the  certain  majority  owned
sub-tier  limited  partnership  to the  Partnership,  approximately  $3,000  and
$73,000 was  distributed  to the general  partner of the majority owned sub-tier
limited  partnership  during  the  years  ended  December  31,  2004  and  2003,
respectively.

Future  cash  distributions  will  depend on the levels of cash  generated  from
operations,  the timing of debt maturities,  property sales and/or refinancings.
The  Partnership's  cash  available  for  distribution  is reviewed on a monthly
basis.  There can be no assurance,  however,  that the Partnership will generate
sufficient funds from operations  after required capital  expenditures to permit
distributions  to its partners during 2005 or subsequent  periods.  See "Item 2.
Description of Properties - Capital  Improvements"  for information  relating to
capital expenditures at the properties.

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates  owned 23,377 limited  partnership  units
(the "Units") in the Partnership representing 49.41% of the outstanding Units at
December  31,  2004.  A number of these Units were  acquired  pursuant to tender
offers  made by  AIMCO  or its  affiliates.  It is  possible  that  AIMCO or its
affiliates will acquire  additional  Units in exchange for cash or a combination
of cash and units in AIMCO Properties, L.P., the operating partnership of AIMCO,
either through private  purchases or tender offers.  Pursuant to the Partnership
Agreement,  unitholders  holding a majority  of the Units are  entitled  to take
action with  respect to a variety of matters that  include,  but are not limited
to,  voting on certain  amendments  to the  Partnership  Agreement and voting to
remove  the  General  Partner.  As a result  of its  ownership  of 49.41% of the
outstanding  Units,  AIMCO and its affiliates are in a position to influence all
such voting  decisions  with  respect to the  Partnership.  Although the General
Partner owes fiduciary duties to the limited  partners of the  Partnership,  the
General Partner also owes fiduciary duties to AIMCO as its sole stockholder.  As
a  result,  the  duties of the  General  Partner,  as  general  partner,  to the
Partnership  and its limited  partners may come into conflict with the duties of
the General Partner to AIMCO as its sole stockholder.

Item 6.     Management's Discussion and Analysis or Plan of Operation

This item should be read in conjunction with "Item 7. Financial  Statements" and
other items contained elsewhere in this report.

The  Partnership's  financial  results depend upon a number of factors including
the  ability to attract  and  maintain  tenants  at the  investment  properties,
interest  rates on mortgage  loans,  costs  incurred  to operate the  investment
properties,  general  economic  conditions  and weather.  As part of the ongoing
business plan of the Partnership, the General Partner monitors the rental market
environment of its investment properties to assess the feasibility of increasing
rents, maintaining or increasing occupancy levels and protecting the Partnership
from increases in expenses.  As part of this plan, the General Partner  attempts
to protect the  Partnership  from the burden of  inflation-related  increases in
expenses by increasing  rents and  maintaining a high overall  occupancy  level.
However,  the  General  Partner  may use  rental  concessions  and  rental  rate
reductions to offset the softening market conditions,  accordingly,  there is no
guarantee that the General Partner will be able to sustain such a plan. Further,
a number of factors that are outside the control of the Partnership  such as the
local  economic  climate and  weather can  adversely  or  positively  affect the
Partnership's financial results.

Results of Operations

The  Partnership  realized net income for the years ended  December 31, 2004 and
2003 of approximately $427,000 and $353,000,  respectively.  The increase in net
income for the year  ended  December  31,  2004 is due to an  increase  in total
revenues and a decrease in total expenses.

Total revenues for the year ended December 31, 2004 increased due to an increase
in rental and other income.  Rental  income  increased due to an increase in the
average rental rate and a decrease in bad debt expense at Lazy Hollow Apartments
partially  offset by a decrease in  occupancy  at  Homestead  Apartments.  Other
income increased due to the receipt of an escrow deposit from a property,  which
had been previously sold.

Total  expenses for the year ended  December 31, 2004 decreased due to decreases
in general and administrative and depreciation expenses,  partially offset by an
increase in operating  and  interest  expenses.  Property tax expenses  remained
comparable.  Operating  expenses  increased  due to an increase in  advertising,
property  and   administrative   expense  partially  offset  by  a  decrease  in
maintenance  expense.  Advertising  expense  increased  due  to an  increase  in
periodical costs at Lazy Hollow Apartments and referral fees at both properties.
Property expense increased due to an increase in payroll and related benefits at
both investment properties. Administrative costs increased due to an increase in
business license costs at Lazy Hollow Apartments.  Maintenance expense decreased
due to decreases in contract  services at both  investment  properties  and snow
removal costs at Homestead  Apartments.  Interest  expense  increased due to the
refinancing of the mortgage  encumbering Lazy Hollow Apartments,  which resulted
in a higher outstanding mortgage balance.  Depreciation expense decreased due to
assets becoming fully depreciated over the past 12 months.

General and  administrative  expense  decreased for the year ended  December 31,
2004 due to a decrease in management  reimbursements  to the General  Partner as
allowed  under  the  Partnership   Agreement,  a  decrease  in  the  Partnership
management fee due to the General  Partner,  which is based on the adjusted cash
from  operations  and a decrease  in audit  fees.  Also  included in general and
administrative  expense for the years ended December 31, 2004 and 2003 are costs
associated  with the  quarterly  and annual  communications  with  investors and
regulatory agencies and the annual audit required by the Partnership Agreement.

Capital Resources and Liquidity

At  December  31,  2004,  the  Partnership  held  cash and cash  equivalents  of
approximately  $568,000 compared to approximately $601,000 at December 31, 2003.
For the year ended  December 31, 2004,  cash and cash  equivalents  decreased by
approximately  $33,000.  The  decrease  in cash and cash  equivalents  is due to
approximately  $631,000 of cash used in financing  activities and  approximately
$311,000 of cash used in investing  activities partially offset by approximately
$909,000  of cash  provided  by  operating  activities.  Cash used in  financing
activities  consisted of  distributions to partners and payments of principal on
the mortgages  encumbering both of the  Partnership's  properties.  Cash used in
investing  activities consisted of property  improvements and replacements.  The
Partnership invests its working capital reserves in interest bearing accounts.

On March 31, 2003,  the  Partnership  refinanced the mortgage  encumbering  Lazy
Hollow   Apartments.   The  refinancing   replaced   mortgage   indebtedness  of
approximately  $3,591,000 with a new mortgage of  $10,000,000.  The mortgage was
refinanced at the rate of 5.94% compared to the prior rate of 7.50%. Payments of
principal and interest of approximately $71,000 are due on the first day of each
month  commencing May 2003 until April 2023, at which time the note is scheduled
to be fully  amortized.  Capitalized  loan  costs,  which are  included in other
assets, incurred with the refinancing were approximately $274,000, and are being
amortized over the term of the mortgage note payable.

The sufficiency of existing  liquid assets to meet future  liquidity and capital
expenditure   requirements   is  directly   related  to  the  level  of  capital
expenditures  required at both of the  properties  to  adequately  maintain  the
physical  assets and other operating needs of the Partnership and to comply with
Federal, state, and local legal and regulatory requirements. The General Partner
monitors  developments  in the  area of legal  and  regulatory  compliance.  For
example,  the  Sarbanes-Oxley  Act  of  2002  mandates  or  suggests  additional
compliance  measures  with  regard to  governance,  disclosure,  audit and other
areas.  In light of these changes,  the  Partnership  expects that it will incur
higher expenses related to compliance.  The Partnership  regularly evaluates the
capital  improvement  needs of the  properties.  While  the  Partnership  has no
material commitments for property improvements and replacements, certain routine
capital expenditures are anticipated during 2005. Such capital expenditures will
depend on the physical  condition of the properties as well as anticipated  cash
flow generated by the properties.  Capital expenditures will be incurred only if
cash is available from operations or from  Partnership  reserves.  To the extent
that capital  improvements are completed,  the Partnership's  distributable cash
flow, if any, may be adversely affected at least in the short term.

The  Partnership's  assets are thought to be sufficient for any near-term  needs
(exclusive  of  capital   improvements)   of  the   Partnership.   The  mortgage
indebtedness  encumbering both of the Partnership's  properties of approximately
$13,688,000 has maturity dates ranging from November 2021 to April 2023 at which
time the mortgages are scheduled to be fully amortized.

The  Partnership  distributed  the  following  amounts  during  the years  ended
December 31, 2004 and 2003 (in thousands except per unit data):
<TABLE>
<CAPTION>

                                          Per                               Per
                      Year Ended        Limited         Year Ended        Limited
                     December 31,     Partnership      December 31,     Partnership
                         2004             Unit             2003             Unit

<S>         <C>        <C>              <C>              <C>               <C>
Refinancing (1)        $   --           $    --          $6,077            $127.16
Operations                225              4.71           1,219              25.51
                       $  225           $  4.71          $7,296            $152.67
</TABLE>

(1) From the refinancing of Lazy Hollow Apartments in March 2003.

In  conjunction  with the  transfer  of funds from the  certain  majority  owned
sub-tier  limited  partnership  to the  Partnership,  approximately  $3,000  and
$73,000 was  distributed  to the general  partner of the majority owned sub-tier
limited  partnership  during  the  years  ended  December  31,  2004  and  2003,
respectively.

Future  cash  distributions  will  depend on the levels of cash  generated  from
operations,  the timing of debt maturities,  property sales and/or refinancings.
There  can  be  no  assurance,  however,  that  the  Partnership  will  generate
sufficient funds from operations  after required capital  expenditures to permit
distributions to its partners during 2005 or subsequent periods.

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates  owned 23,377 limited  partnership  units
(the "Units") in the Partnership representing 49.41% of the outstanding Units at
December  31,  2004.  A number of these Units were  acquired  pursuant to tender
offers  made by  AIMCO  or its  affiliates.  It is  possible  that  AIMCO or its
affiliates will acquire  additional  Units in exchange for cash or a combination
of cash and units in AIMCO Properties, L.P., the operating partnership of AIMCO,
either through private  purchases or tender offers.  Pursuant to the Partnership
Agreement,  unitholders  holding a majority  of the Units are  entitled  to take
action with  respect to a variety of matters that  include,  but are not limited
to,  voting on certain  amendments  to the  Partnership  Agreement and voting to
remove  the  General  Partner.  As a result  of its  ownership  of 49.41% of the
outstanding  Units,  AIMCO and its affiliates are in a position to influence all
such voting  decisions  with  respect to the  Partnership.  Although the General
Partner owes fiduciary duties to the limited  partners of the  Partnership,  the
General Partner also owes fiduciary duties to AIMCO as its sole stockholder.  As
a  result,  the  duties of the  General  Partner,  as  general  partner,  to the
Partnership  and its limited  partners may come into conflict with the duties of
the General Partner to AIMCO as its sole stockholder.

Critical Accounting Policies and Estimates

A summary of the Partnership's  significant  accounting  policies is included in
"Note A - Organization and Summary of Significant  Accounting Policies" which is
included  in  the  consolidated  financial  statements  in  "Item  7.  Financial
Statements".  The General  Partner  believes that the consistent  application of
these policies  enables the Partnership to provide  readers of the  consolidated
financial   statements   with  useful  and   reliable   information   about  the
Partnership's  operating  results and financial  condition.  The  preparation of
consolidated  financial  statements in  conformity  with  accounting  principles
generally  accepted  in the  United  States  requires  the  Partnership  to make
estimates and assumptions.  These estimates and assumptions  affect the reported
amounts of assets and  liabilities  at the date of the  financial  statements as
well as reported  amounts of revenues and expenses during the reporting  period.
Actual results could differ from these  estimates.  Judgments and assessments of
uncertainties are required in applying the Partnership's  accounting policies in
many  areas.  The  following  may  involve  a  higher  degree  of  judgment  and
complexity.

Impairment of Long-Lived Assets

Investment  properties  are  recorded at cost,  less  accumulated  depreciation,
unless  considered  impaired.  If  events  or  circumstances  indicate  that the
carrying  amount of a property may be  impaired,  the  Partnership  will make an
assessment of its  recoverability  by estimating  the  undiscounted  future cash
flows,  excluding  interest  charges,  of the property.  If the carrying  amount
exceeds the aggregate  future cash flows,  the  Partnership  would  recognize an
impairment  loss to the extent the carrying amount exceeds the fair value of the
property.

Real  property  investments  are  subject  to varying  degrees of risk.  Several
factors  may  adversely  affect  the  economic  performance  and  value  of  the
Partnership's investment properties.  These factors include, but are not limited
to,  changes  in the  national,  regional  and  local  economic  climate;  local
conditions,  such as an oversupply of multifamily  properties;  competition from
other available  multifamily property owners and changes in market rental rates.
Any  adverse  changes  in  these  factors  could  cause  an  impairment  in  the
Partnership's assets.

Revenue Recognition

The Partnership generally leases apartment units for twelve-month terms or less.
The Partnership will offer rental concessions during particularly slow months or
in response  to heavy  competition  from other  similar  complexes  in the area.
Rental income attributable to leases, net of any concessions, is recognized on a
straight-line  basis over the term of the lease.  The Partnership  evaluates all
accounts  receivable  from  residents and  establishes  an allowance,  after the
application of security deposits,  for accounts greater than 30 days past due on
current tenants and all receivables due from former tenants.

Item 7.     Financial Statements

ANGELES INCOME PROPERTIES, LTD. 6

LIST OF FINANCIAL STATEMENTS


      Report of Independent Registered Public Accounting Firm

      Consolidated Balance Sheet - December 31, 2004

      Consolidated  Statements of  Operations - Years ended  December 31, 2004
      and 2003

      Consolidated  Statements  of Changes in Partners'  Deficit - Years ended
      December 31, 2004 and 2003

      Consolidated Statements of Cash Flows - Years ended December 31, 2004
      and 2003

      Notes to Consolidated Financial Statements

           Report of Independent Registered Public Accounting Firm



The Partners
Angeles Income Properties, Ltd. 6


We have audited the  accompanying  consolidated  balance sheet of Angeles Income
Properties,  Ltd.  6 as of  December  31,  2004,  and the  related  consolidated
statements of operations,  changes in partners' deficit, and cash flows for each
of the two  years  in the  period  ended  December  31,  2004.  These  financial
statements  are  the  responsibility  of  the  Partnership's   management.   Our
responsibility  is to express an opinion on these financial  statements based on
our audits.

We conducted our audits in accordance  with the standards of the Public  Company
Accounting Oversight Board (United States). Those standards require that we plan
and perform the audit to obtain reasonable assurance about whether the financial
statements are free of material misstatement.  We were not engaged to perform an
audit of the Partnership's internal control over financial reporting.  Our audit
included  consideration of internal control over financial  reporting as a basis
for designing audit  procedures that are appropriate in the  circumstances,  but
not for the  purpose  of  expressing  an  opinion  on the  effectiveness  of the
Partnership's internal control over financial reporting. Accordingly, we express
no such opinion.  An audit also includes  examining,  on a test basis,  evidence
supporting the amounts and  disclosures in the financial  statements,  assessing
the accounting principles used and significant estimates made by management, and
evaluating the overall  financial  statement  presentation.  We believe that our
audits provide a reasonable basis for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material  respects,  the consolidated  financial  position of Angeles Income
Properties,  Ltd. 6 at December 31, 2004,  and the  consolidated  results of its
operations  and its cash  flows  for each of the two years in the  period  ended
December 31, 2004, in conformity with accounting  principles  generally accepted
in the United States.

                                                          /s/ERNST & YOUNG LLP


Greenville, South Carolina
March 21, 2005

                        ANGELES INCOME PROPERTIES, LTD. 6

                           CONSOLIDATED BALANCE SHEET
                        (in thousands, except unit data)

                                December 31, 2004

<TABLE>
<CAPTION>


Assets
<S>                                                                       <C>
   Cash and cash equivalents                                              $   568
   Receivables and deposits                                                    86
   Other assets                                                               527
   Investment properties (Notes B and F):
      Land                                                  $ 1,398
      Buildings and related personal property                13,282
                                                             14,680
      Less accumulated depreciation                          (7,161)        7,519
                                                                          $ 8,700
Liabilities and Partners' Deficit
Liabilities
   Accounts payable                                                       $    40
   Tenant security deposit liabilities                                         85
   Other liabilities                                                          203
   Due to affiliates (Note C)                                                  74
   Accrued property taxes                                                      29
   Mortgage notes payable (Note B)                                         13,688

Partners' Deficit
   General partner                                          $  (287)
   Limited partners (47,311 units issued
      and outstanding)                                       (5,132)       (5,419)
                                                                          $ 8,700

        See Accompanying Notes to Consolidated Financial Statements
</TABLE>



<PAGE>


                        ANGELES INCOME PROPERTIES, LTD. 6

                      CONSOLIDATED STATEMENTS OF OPERATIONS
                      (in thousands, except per unit data)


<TABLE>
<CAPTION>

                                                             Years Ended December 31,
                                                                 2004         2003
     Revenues:
<S>                                                          <C>          <C>
        Rental income                                        $  3,351     $  3,317
        Other income                                              224          207
           Total revenues                                       3,575        3,524

     Expenses:
        Operating                                               1,210        1,173
        General and administrative                                184          287
        Depreciation                                              506          520
        Interest                                                  892          829
        Property taxes                                            356          362
           Total expenses                                       3,148        3,171

     Net income (Note E)                                     $    427     $    353

     Net income allocated to general partner (1%)            $      4     $      4
     Net income allocated to limited partners (99%)               423          349
                                                             $    427     $    353

     Net income per limited partnership unit                 $   8.94     $   7.38

     Distributions per limited partnership unit              $   4.71     $ 152.67


        See Accompanying Notes to Consolidated Financial Statements
</TABLE>



<PAGE>


                        ANGELES INCOME PROPERTIES, LTD. 6

           CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' DEFICIT
                        (in thousands, except unit data)

<TABLE>
<CAPTION>


                                         Limited
                                       Partnership    General     Limited
                                          Units       Partner    Partners     Total

<S>                                       <C>           <C>       <C>        <C>
Original capital contributions            47,384        $ 1       $47,384    $47,385

Partners' (deficiency) capital at
   December 31, 2002                      47,311       $ (144)    $ 1,542    $ 1,398

Distributions to partners                     --         (146)     (7,223)    (7,369)

Net income for the year
   ended December 31, 2003                    --            4         349        353

Partners' deficit at
   December 31, 2003                      47,311         (286)     (5,332)    (5,618)

Distributions to partners                     --           (5)       (223)      (228)

Net income for the year
   ended December 31, 2004                    --            4         423        427

Partners' deficit at
   December 31, 2004                      47,311       $ (287)    $(5,132)   $(5,419)

        See Accompanying Notes to Consolidated Financial Statements
</TABLE>



<PAGE>


                        ANGELES INCOME PROPERTIES, LTD. 6

                      CONSOLIDATED STATEMENTS OF CASH FLOWS
                                 (in thousands)
<TABLE>
<CAPTION>

                                                              Years Ended December 31,
                                                                  2004        2003
Cash flows from operating activities:
<S>                                                            <C>          <C>
  Net income                                                   $    427     $    353
  Adjustments to reconcile net income to net
   cash provided by operating activities:
   Depreciation                                                     506          520
   Amortization of loan costs                                        22           15
   Change in accounts:
      Receivables and deposits                                        9           92
      Other assets                                                  (37)          (3)
      Accounts payable                                               (8)          15
      Tenant security deposit liabilities                           (10)          23
      Due to affiliates                                             (53)          77
      Accrued property taxes                                        (10)          39
      Other liabilities                                              63          (72)

          Net cash provided by operating activities                 909        1,059

Cash flows from investing activities:
  Property improvements and replacements                           (311)        (197)
  Net withdrawals from restricted escrows                            --          130

          Net cash used in investing activities                    (311)         (67)

Cash flows from financing activities:
  Proceeds from mortgage note payable                                --       10,000
  Repayment of mortgage note payable                                 --       (3,591)
  Loan costs paid                                                    --         (274)
  Distributions to partners                                        (228)      (7,369)
  Payments on mortgage notes payable                               (403)        (323)

          Net cash used in financing activities                    (631)      (1,557)

Net decrease in cash and cash equivalents                           (33)        (565)
Cash and cash equivalents at beginning of the year                  601        1,166
Cash and cash equivalents at end of the year                   $    568     $    601

Supplemental disclosure of cash flow information:
  Cash paid for interest                                       $    846     $    814

Property improvements and replacements in accounts payable    $      15     $     --

        See Accompanying Notes to Consolidated Financial Statements
</TABLE>



<PAGE>




                        ANGELES INCOME PROPERTIES, LTD. 6

                   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

                                December 31, 2004


Note A - Organization and Summary of Significant Accounting Policies

Organization:  Angeles  Income  Properties,  Ltd.  6  (the  "Partnership")  is a
publicly-held limited partnership organized under the California Uniform Limited
Partnership Act pursuant to the Agreement of Limited  Partnership dated June 29,
1984, as amended. The Partnership's general partner,  Angeles Realty Corporation
II,  a  California   corporation  (the  "General   Partner"  or  "ARC  II")  was
wholly-owned by Insignia Properties Trust ("IPT").  Effective February 26, 1999,
IPT merged  into  Apartment  Investment  and  Management  Company  ("AIMCO"),  a
publicly traded real estate investment trust. Thus, the General Partner is now a
wholly-owned  subsidiary of AIMCO. The Partnership  Agreement  provides that the
Partnership  is to terminate on December 31, 2037,  unless  terminated  prior to
such date. As of December 31, 2004,  the  Partnership  operates two  residential
properties in Maryland and Michigan.

Principles  of  Consolidation:  The  consolidated  financial  statements  of the
Partnership  include  its 99%  limited  partnership  interests  in  Lazy  Hollow
Partners,  Ltd.  (the  "Partnership").  The  Partnership  may remove the General
Partner of this  partnership;  therefore,  the  partnership  is  controlled  and
consolidated by the Partnership.  All significant interentity balances have been
eliminated.

Allocations  of  Profits,  Gains,  Losses  and  Distributions  to  Partners:  In
accordance  with  the  Agreement  of  Limited   Partnership  (the   "Partnership
Agreement"),  any gain from the sale or other disposition of Partnership  assets
will be  allocated  first to the General  Partner to the extent of the amount of
any  Incentive  Interest  to which the  General  Partner is  entitled.  Any gain
remaining  after said  allocation  will be allocated to the General  Partner and
Limited Partners in proportion to their interests in the Partnership;  provided,
that the gain  shall  first be  allocated  to  Partners  with  negative  account
balances,  in proportion to such balances, in an amount equal to the sum of such
negative capital account balances.

The Partnership will allocate other profits and losses 1% to the General Partner
and 99% to the Limited Partners.

Except as discussed below, the Partnership will allocate distributions 1% to the
General Partner and 99% to the Limited Partners.

Upon  the  sale  or  other  disposition,  or  refinancing  of any  asset  of the
Partnership, the Distributable Net Proceeds shall be distributed as follows: (i)
First, to the General Partner,  on account of the current and accrued Management
Fee payable,  deferred as contemplated  therein (ii) Second,  to the Partners in
proportion to their interests until the Limited Partners have received  proceeds
equal to their unrecovered  Capital  Contributions  (iii) Third, to the Partners
until the Limited  Partners have received  distributions  equal to their 6% (not
compounded) Cumulative  Distribution;  (iv) Fourth, to the General Partner until
it has received an amount equal to 3% of the aggregate Disposition Prices of all
properties or investments sold (Initial Incentive  Interest);  (v) Fifth, to the
Partners until the Limited Partners have received  distributions  equal to their
8% (not  compounded)  Cumulative  Distribution,  with certain  limited  partners
receiving additional priority  distributions ranging from 1.5% to 4.5% per annum
(not  compounded);  and (vi) Sixth,  thereafter,  86% to the Limited Partners in
proportion to their interests and 14% (Final Incentive  Interest) to the General
Partner.

Fair Value of Financial Instruments: SFAS No. 107, "Disclosures about Fair Value
of  Financial  Instruments",  as amended  by SFAS No.  119,  "Disclosures  about
Derivative  Financial  Instruments  and Fair  Value of  Financial  Instruments",
requires  disclosure  of fair value  information  about  financial  instruments,
whether or not recognized in the balance  sheet,  for which it is practicable to
estimate  fair  value.  Fair value is defined in the SFAS as the amount at which
the  instruments  could be exchanged in a current  transaction  between  willing
parties,  other than in a forced or liquidation  sale. The Partnership  believes
that the  carrying  amount of its  financial  instruments  (except for long term
debt)  approximates  their fair value due to the short  term  maturity  of these
instruments.  The Partnership  estimates the fair value of its long-term debt by
discounting  future  cash flows  using a discount  rate  commensurate  with that
currently  believed to be available to the Partnership  for similar term,  fully
amortizing long-term debt. The fair value of the Partnership's long term debt at
the Partnership's incremental borrowing rate approximates its carrying value.

Depreciation:  Depreciation is calculated by the  straight-line  method over the
estimated lives of the investment properties and related personal property.  For
Federal income tax purposes,  the  accelerated  cost recovery method is used for
real property over 19 years for additions  after May 8, 1985, and before January
1, 1987. As a result of the Tax Reform Act of 1986, for additions after December
31, 1986, the modified accelerated cost recovery method is used for depreciation
of (1) real property over 27 1/2 years and (2) personal property  additions over
5 years.

Use of  Estimates:  The  preparation  of  consolidated  financial  statements in
conformity with accounting  principles  generally  accepted in the United States
requires  management to make estimates and  assumptions  that affect the amounts
reported in the consolidated financial statements and accompanying notes. Actual
results could differ from those estimates.

Cash and Cash Equivalents: Cash and cash equivalents include cash on hand and in
banks.  At certain times,  the amount of cash deposited at a bank may exceed the
limit on insured  deposits.  Cash  balances  include  approximately  $548,000 at
December 31, 2004 that are  maintained  by an affiliated  management  company on
behalf of affiliated entities in cash concentration accounts.

Tenant  Security  Deposits:  The  Partnership  requires  security  deposits from
lessees  for the  duration  of the  lease  and such  deposits  are  included  in
receivables  and  deposits.  Deposits  are  refunded  when the  tenant  vacates,
provided  the tenant has not damaged  their space and is current on their rental
payments.

Investment Properties:  Investment properties consist of two apartment complexes
and are  stated  at cost.  Acquisition  fees are  capitalized  as a cost of real
estate.  The  Partnership  capitalizes  all  expenditures in excess of $250 that
clearly relate to the acquisition and installation of real and personal property
components.  These  expenditures  include  costs  incurred  to replace  existing
property components, costs incurred to add a material new feature to a property,
and costs that  increase  the useful  life or  service  potential  of a property
component.  These  capitalized costs are depreciated over the useful life of the
asset.  Expenditures for ordinary  repairs,  maintenance and apartment  turnover
costs are expensed as incurred.

In accordance  with SFAS No. 144,  "Accounting for the Impairment or Disposal of
Long-Lived  Assets," the  Partnership  records  impairment  losses on long-lived
assets used in operations when events and circumstances indicate that the assets
might be impaired and the  undiscounted  cash flows estimated to be generated by
those assets are less than the carrying amounts of those assets.  No adjustments
for  impairment of value were  recorded in the years ended  December 31, 2004 or
2003.

Deferred  Costs:  Loan  costs  of  approximately   $436,000,   less  accumulated
amortization of approximately  $50,000,  are included in other assets.  The loan
costs are amortized over the terms of the related loan agreements.  Amortization
expense for the years ended December 31, 2004 and 2003 was approximately $22,000
and  $15,000,   respectively,  and  is  included  in  interest  expense  on  the
accompanying  consolidated  statement  of  operations.  Amortization  expense is
estimated to be approximately $22,000 for each of the years 2005 through 2009.

Leasing   commissions  and  other  direct  costs  incurred  in  connection  with
successful  leasing  efforts are  deferred and  amortized  over the terms of the
related leases. Amortization of these costs is included in operating expenses.

Advertising:  The  Partnership  expenses  the cost of  advertising  as incurred.
Advertising  costs of  approximately  $70,000  and  $54,000  for the years ended
December 31, 2004 and 2003, respectively,  were charged to operating expenses as
incurred.

Leases: The Partnership  generally leases apartment units for twelve-month terms
or less. The Partnership will offer rental concessions during  particularly slow
months or in response to heavy  competition from other similar  complexes in the
area.  Rental  income  attributable  to  leases,  net  of  any  concessions,  is
recognized on a straight-line  basis over the term of the lease. The Partnership
evaluates all accounts  receivable  from residents and establishes an allowance,
after the application of security  deposits,  for accounts  greater than 30 days
past due on current tenants and all receivables due from former tenants.

Segment Reporting: SFAS No. 131, "Disclosure about Segments of an Enterprise and
Related  Information"  established  standards  for the way that public  business
enterprises  report  information  about operating  segments in annual  financial
statements and requires that those enterprises report selected information about
operating segments in interim financial  reports.  SFAS No. 131 also establishes
standards for related disclosures about products and services, geographic areas,
and major  customers.  As defined in SFAS No. 131, the  Partnership has only one
reportable segment.

Note B - Mortgage Notes Payable

The terms of mortgage notes payable are as follows:
<TABLE>
<CAPTION>

                        Principal      Monthly                            Principal
                       Balance At      Payment     Stated                  Balance
                        December      Including   Interest    Maturity      Due At
      Property            2004         Interest     Rate        Date       Maturity
                            (in thousands)                              (in thousands)
Lazy Hollow
 Apartments
<S>                      <C>             <C>        <C>        <C>           <C>
  1st trust deed         $ 9,543         $ 71       5.94%      04/23         $ --
Homestead
 Apartments
  1st trust deed           4,145           35       7.02%      11/21            --
                        $ 13,688         $106                                $ --
</TABLE>

On March 31, 2003,  the  Partnership  refinanced the mortgage  encumbering  Lazy
Hollow   Apartments.   The  refinancing   replaced   mortgage   indebtedness  of
approximately  $3,591,000 with a new mortgage of  $10,000,000.  The mortgage was
refinanced at the rate of 5.94% compared to the prior rate of 7.50%. Payments of
principal and interest of approximately $71,000 are due on the first day of each
month  commencing May 2003 until April 2023, at which time the note is scheduled
to be fully  amortized.  Capitalized  loan  costs,  which are  included in other
assets, incurred with the refinancing were approximately $274,000, and are being
amortized over the term of the mortgage note payable.

The mortgage notes payable are fixed rate mortgages  that are  non-recourse  and
are secured by a pledge of the  Partnership's  rental properties and by a pledge
of revenues from the respective  rental  properties.  The mortgage notes payable
include  a  prepayment  penalty  if  repaid  prior  to  maturity.  Further,  the
properties may not be sold subject to existing indebtedness.

Scheduled  principal  payments  of the  mortgage  notes  payable  subsequent  to
December 31, 2004 are as follows (in thousands):

                                   2005             430
                                   2006             458
                                   2007             488
                                   2008             519
                                   2009             553
                                Thereafter       11,240
                                                $13,688

Note C - Transactions with Affiliated Parties

The  Partnership  has no  employees  and depends on the General  Partner and its
affiliates for the management and administration of all Partnership  activities.
The  Partnership  Agreement  provides  for certain  payments to  affiliates  for
services and  reimbursement of certain expenses incurred by affiliates on behalf
of the Partnership.

Affiliates of the General  Partner receive 5% of gross receipts from both of the
Partnership's  residential  properties as  compensation  for providing  property
management  services.  The  Partnership  paid to such  affiliates  approximately
$174,000  for both of the years  ended  December  31,  2004 and  2003,  which is
included in operating expenses.

Affiliates  of the General  Partner  charged the  Partnership  reimbursement  of
accountable  administrative  expenses  amounting to  approximately  $131,000 and
$153,000 for the years ended December 31, 2004 and 2003, respectively,  which is
included in general and administrative  expenses and investment properties.  For
the years ended  December 31, 2004 and 2003, the first three quarters were based
on  estimated  amounts  and  in  the  fourth  quarter  of  2004  and  2003,  the
reimbursements  of  accountable  administrative  expenses were adjusted based on
actual  costs (see "Note D").  The portion of these  reimbursements  included in
investment  properties  for the year ended December 31, 2004 are fees related to
construction management services provided by an affiliate of the General Partner
of approximately  $15,000.  There were no construction  management  service fees
during the year ended December 31, 2003.  The  construction  management  service
fees are  calculated  based on a percentage  of current  additions to investment
properties.  At  December  31,  2004,  approximately  $14,000  was  due  from an
affiliate  for an over  payment of  reimbursements,  which is included in due to
affiliates.

Pursuant  to the  Partnership  Agreement,  the  General  Partner is  entitled to
receive a distribution  equal to 3% of the aggregate  disposition  price of sold
properties. Pursuant to this provision, during the year ended December 31, 2000,
the  Partnership  paid a distribution of  approximately  $174,000 to the General
Partner  related to the sales of Wakonda  Shopping  Center and Town and  Country
Shopping Center. Pursuant to this provision,  during the year ended December 31,
2001, the Partnership declared and paid a distribution of approximately  $60,000
payable to the General Partner  related to the sale of Casa Granada  Apartments.
These fees are subordinate to the limited partners receiving a preferred return,
as specified in the  Partnership  Agreement.  If the limited  partners  have not
received their  preferred  return when the Partnership  terminates,  the General
Partner will return these amounts to the Partnership.

Pursuant  to  the  Partnership   Agreement  for  managing  the  affairs  of  the
Partnership, the General Partner is entitled to receive a Partnership Management
Fee equal to 10% of the  Partnership's  net cash from  operations.  For the year
ended December 31, 2004, the Partnership has expensed  approximately $20,000 for
the 2004 fee. This amount is included in due to  affiliates on the  consolidated
balance  sheet.  For the year ended  December  31,  2003,  the  Partnership  had
expensed  approximately  $68,000  for the 2003 fee.  Payment of the  partnership
management fee is restricted to  distributable  net proceeds,  as defined in the
Partnership  Agreement.  The  2002  partnership  management  fee was  paid  with
distributable  net proceeds from the  refinancing  of Lazy Hollow  Apartments in
2003. The 2004 and 2003  partnership  management fees of  approximately  $88,000
will  remain  accrued  until  such  time  as  the   partnership  has  additional
distributable net proceeds.

The  Partnership  insures its properties up to certain  limits through  coverage
provided by AIMCO which is  generally  self-insured  for a portion of losses and
liabilities  related to workers  compensation,  property  casualty  and  vehicle
liability. The Partnership insures its properties above the AIMCO limits through
insurance policies obtained by AIMCO from insurers unaffiliated with the General
Partner.  During the years ended December 31, 2004 and 2003, the Partnership was
charged  by  AIMCO  and  its  affiliates   approximately  $35,000  and  $33,000,
respectively,  for  insurance  coverage and fees  associated  with policy claims
administration.

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates  owned 23,377 limited  partnership  units
(the "Units") in the Partnership representing 49.41% of the outstanding Units at
December  31,  2004.  A number of these Units were  acquired  pursuant to tender
offers  made by  AIMCO  or its  affiliates.  It is  possible  that  AIMCO or its
affiliates will acquire  additional  Units in exchange for cash or a combination
of cash and units in AIMCO Properties, L.P., the operating partnership of AIMCO,
either through private  purchases or tender offers.  Pursuant to the Partnership
Agreement,  unitholders  holding a majority  of the Units are  entitled  to take
action with  respect to a variety of matters that  include,  but are not limited
to,  voting on certain  amendments  to the  Partnership  Agreement and voting to
remove  the  General  Partner.  As a result  of its  ownership  of 49.41% of the
outstanding  Units,  AIMCO and its affiliates are in a position to influence all
such voting  decisions  with  respect to the  Partnership.  Although the General
Partner owes fiduciary duties to the limited  partners of the  Partnership,  the
General Partner also owes fiduciary duties to AIMCO as its sole stockholder.  As
a  result,  the  duties of the  General  Partner,  as  general  partner,  to the
Partnership  and its limited  partners may come into conflict with the duties of
the General Partner to AIMCO as its sole stockholder.

Note D - Fourth-Quarter Adjustment

The Partnership's  policy is to record management  reimbursements to the General
Partner as allowed under the Partnership  Agreement on a quarterly basis,  using
estimated  financial  information  furnished  by an  affiliate  of  the  General
Partner.  For the first three quarters of 2004 and 2003, these reimbursements of
accountable  administrative expenses were based on estimated amounts. During the
fourth  quarters of 2004 and 2003,  the  Partnership  recorded an  adjustment to
reimbursements  to the General Partner of  approximately  ($27,000) and $57,000,
respectively,  due to a difference in the  estimated  costs and the actual costs
incurred.  The actual  management  reimbursements to the General Partner for the
years ended December 31, 2004 and 2003 were approximately $116,000 and $153,000,
respectively, compared to the estimated management reimbursements to the General
Partner for the nine months ended  September 30, 2004 and 2003 of  approximately
$110,000 and $72,000,  respectively. The adjustment to management reimbursements
is included in general and administrative expenses.

Note E - Income Taxes

The Partnership has received a ruling from the Internal  Revenue Service that it
will  be  classified  as  a  partnership   for  Federal   income  tax  purposes.
Accordingly, no provision for income taxes is made in the consolidated financial
statements of the  Partnership.  Taxable  income or loss of the  Partnership  is
reported in the income tax returns of its partners.

The  following is a  reconciliation  of reported net income and Federal  taxable
income (in thousands, except per unit data):

                                             2004          2003

Net income as reported                     $   427       $   353
Add (deduct):
  Depreciation differences                    (172)         (123)
  Other                                        (82)         (162)
Federal taxable income                     $   173       $    68

Federal taxable income per
  limited partnership unit                 $  3.63       $  1.41

The following is a reconciliation between the Partnership's reported amounts and
Federal tax basis of net assets (in thousands):

                                         2004
   Net liabilities as reported         $(5,419)
   Land and buildings                    5,522
   Accumulated depreciation             (1,503)
   Syndication                           6,802
   Other                                   114
   Net assets - tax basis              $ 5,516

Note F - Investment Properties and Accumulated Depreciation

<TABLE>
<CAPTION>

                                                   Initial Cost
                                                  To Partnership
                                                  (in thousands)
                                                          Buildings          Cost
                                                         and Related       Removed
                                                           Personal     Subsequent to
        Description          Encumbrances      Land        Property      Acquisition
                            (in thousands)                              (in thousands)
<S>                             <C>            <C>         <C>             <C>
Lazy Hollow Apartments          $ 9,543        $ 998       $ 8,988         $(1,437)
Homestead Apartments              4,145           557        5,988            (414)
                                $13,688       $ 1,555      $14,976         $(1,851)
</TABLE>

                          Gross Amount At Which Carried
                              At December 31, 2004
                                 (in thousands)
<TABLE>
<CAPTION>

                                    Buildings
                                   And Related
                                    Personal              Accumulated    Date    Depreciable
       Description         Land     Property     Total   Depreciation  Acquired   Life-Years
                                                        (in thousands)
<S>                       <C>       <C>         <C>         <C>        <C>   <C>     <C>
Lazy Hollow Apartments    $  841    $ 7,708     $ 8,549     $ 4,223    07/01/89      5-40
Homestead Apartments         557      5,574       6,131       2,938    11/10/88      5-40

                          $1,398    $13,282     $14,680     $ 7,161
</TABLE>

Reconciliation of "investment properties and accumulated depreciation":

                                                 Years Ended December 31,
                                                  2004             2003
                                                      (in thousands)
Investment Properties
Balance at beginning of year                    $14,354           $14,237
    Property improvements                           326               117
Balance at end of year                          $14,680           $14,354

Accumulated Depreciation
Balance at beginning of year                    $ 6,655           $ 6,135
    Additions charged to expense                    506               520
Balance at end of year                          $ 7,161           $ 6,655

The  aggregate  cost of the real  estate  for  Federal  income tax  purposes  at
December  31,  2004 and 2003,  is  approximately  $20,202,000  and  $19,886,000,
respectively. The accumulated depreciation taken for Federal income tax purposes
at December  31, 2004 and 2003,  is  approximately  $8,664,000  and  $7,986,000,
respectively.

Note G - Contingencies

In March 1998, several putative unit holders of limited partnership units of the
Partnership  commenced an action  entitled  Rosalie  Nuanes,  et al. v. Insignia
Financial Group, Inc., et al. (the "Nuanes action") in the Superior Court of the
State of  California  for the  County  of San  Mateo.  The  plaintiffs  named as
defendants,  among others,  the Partnership,  its General Partner and several of
their affiliated  partnerships and corporate  entities.  The action purported to
assert  claims on behalf of a class of  limited  partners  and  derivatively  on
behalf of a number of limited partnerships  (including the Partnership) that are
named as nominal defendants, challenging, among other things, the acquisition of
interests in certain General Partner entities by Insignia  Financial Group, Inc.
("Insignia") and entities that were, at one time,  affiliates of Insignia;  past
tender offers by the Insignia  affiliates to acquire limited  partnership units;
management of the  partnerships  by the Insignia  affiliates;  and the series of
transactions  which  closed on October 1, 1998 and  February  26,  1999  whereby
Insignia and Insignia  Properties Trust,  respectively,  were merged into AIMCO.
The plaintiffs sought monetary damages and equitable relief,  including judicial
dissolution of the Partnership. In addition, during the third quarter of 2001, a
complaint captioned Heller v. Insignia Financial Group (the "Heller action") was
filed against the same  defendants  that are named in the Nuanes  action.  On or
about August 6, 2001,  plaintiffs  filed a first amended  complaint.  The Heller
action was brought as a purported  derivative  action,  and asserted claims for,
among other things,  breach of fiduciary duty, unfair  competition,  conversion,
unjust enrichment, and judicial dissolution.

On January 8, 2003,  the parties filed a  Stipulation  of Settlement in proposed
settlement of the Nuanes action and the Heller action.

In general  terms,  the  proposed  settlement  provides  for  certification  for
settlement  purposes of a settlement class consisting of all limited partners in
this  Partnership and others (the  "Partnerships")  as of December 20, 2002, the
dismissal  with  prejudice  and  release  of claims  in the  Nuanes  and  Heller
litigation,  payment by AIMCO of $9.9  million  (which shall be  distributed  to
settlement  class  members  after  deduction of attorney fees and costs of class
counsel and certain costs of settlement) and up to $1 million toward the cost of
independent  appraisals of the  Partnerships'  properties  by a court  appointed
appraiser.  An affiliate of the General Partner has also agreed to make at least
one round of tender offers to purchase all of the  partnership  interests in the
Partnerships within one year of final approval, if it is granted, and to provide
partners  with the  independent  appraisals  at the time of these  tenders.  The
proposed  settlement  also provided for the  limitation  of the allowable  costs
which the General  Partner or its  affiliates  will charge the  Partnerships  in
connection with this litigation and imposes limits on the class counsel fees and
costs in this litigation.  On April 11, 2003,  notice was distributed to limited
partners providing the details of the proposed settlement.

On June 13, 2003, the court granted final approval of the settlement and entered
judgment in both the Nuanes and Heller actions.  On August 12, 2003, an objector
("Objector") filed an appeal (the "Appeal") seeking to vacate and/or reverse the
order approving the settlement and entering  judgment  thereto.  On November 24,
2003,  the Objector  filed an  application  requesting  the court order AIMCO to
withdraw settlement tender offers it had commenced,  refrain from making further
offers  pending  the appeal and auction  any units  tendered  to third  parties,
contending  that the offers did not  conform  with the terms of the  settlement.
Counsel  for the  Objector  (on behalf of another  investor)  had  alternatively
requested the court take certain action  purportedly to enforce the terms of the
settlement agreement. On December 18, 2003, the court heard oral argument on the
motions  and denied them both in their  entirety.  The  Objector  filed a second
appeal challenging the court's use of a referee and its order requiring Objector
to pay those fees.

On January 28, 2004,  the  Objector  filed his opening  brief in the Appeal.  On
April 23, 2004, the General Partner and its affiliates filed a response brief in
support of the settlement  and the judgment  thereto.  The plaintiffs  have also
filed a brief in support of the  settlement.  On June 4, 2004,  Objector filed a
reply to the briefs submitted by the General Partner and Plaintiffs. In addition
both the Objector and  plaintiffs  filed  briefs in  connection  with the second
appeal.  On March 21, 2005, the Court of Appeals issued opinions in both pending
appeals.  With regard to the settlement and judgment entered thereto,  the Court
of Appeals  vacated the trial  court's order and remanded to the trial court for
further  findings on the basis that the "state of the record is  insufficient to
permit meaningful appellate review". With regard to the second appeal, the Court
of Appeals reversed the order requiring the Objector to pay referee fees.

The  General  Partner  does not  anticipate  that any costs to the  Partnership,
whether legal or settlement costs,  associated with these cases will be material
to the Partnership's overall operations.

As a result of a previously  disclosed  complaint filed on August 8, 2003 and an
amended  complaint filed March 5, 2004, AIMCO Properties L.P. and NHP Management
Company,  both affiliates of the General Partner, are defendants in an action in
the United States  District  Court,  District of Columbia.  The plaintiffs  have
styled their complaint as a collective action under the Fair Labor Standards Act
("FLSA") and seek to certify state subclasses in California,  Maryland,  and the
District of Columbia. Specifically, the plaintiffs contend that AIMCO Properties
L.P. failed to compensate  maintenance  workers for time that they were required
to be "on-call". Additionally, plaintiffs allege AIMCO Properties L.P. failed to
comply  with the FLSA in  compensating  maintenance  workers  for time that they
worked in responding to a call while  "on-call".  The  defendants  have filed an
answer to the amended complaint denying the substantive  allegations.  Discovery
relating to the certification of the collective  action has concluded.  Briefing
concerning the  certification  of the  collective  action will commence in March
2005.  Although the outcome of any  litigation is uncertain,  AIMCO  Properties,
L.P.  does not believe  that the ultimate  outcome will have a material  adverse
effect on its  financial  condition  or results of  operations.  Similarly,  the
General Partner does not believe that the ultimate  outcome will have a material
adverse  effect  on  the  Partnership's   financial   condition  or  results  of
operations.

The  Partnership  is unaware  of any other  pending  or  outstanding  litigation
matters  involving  it or its  investment  properties  that are not of a routine
nature arising in the ordinary course of business.

Environmental

Various  Federal,  state and local laws subject  property owners or operators to
liability for management,  and the costs of removal or  remediation,  of certain
hazardous  substances  present on a property.  Such laws often impose  liability
without regard to whether the owner or operator knew of, or was responsible for,
the release or presence of the  hazardous  substances.  The  presence of, or the
failure to manage or remedy properly,  hazardous substances may adversely affect
occupancy at affected  apartment  communities and the ability to sell or finance
affected properties.  In addition to the costs associated with investigation and
remediation  actions brought by government  agencies,  the presence of hazardous
substances  on a  property  could  result in claims by  private  plaintiffs  for
personal injury,  disease,  disability or other  infirmities.  Various laws also
impose  liability for the cost of removal,  remediation or disposal of hazardous
substances  through a  licensed  disposal  or  treatment  facility.  Anyone  who
arranges for the disposal or treatment of hazardous  substances  is  potentially
liable  under such laws.  These laws often impose  liability  whether or not the
person arranging for the disposal ever owned or operated the disposal  facility.
In  connection  with  the  ownership  and  operation  of  its  properties,   the
Partnership could  potentially be liable for environmental  liabilities or costs
associated with its properties.

Mold

The Partnership is aware of lawsuits  against owners and managers of multifamily
properties asserting claims of personal injury and property damage caused by the
presence of mold, some of which have resulted in substantial  monetary judgments
or settlements. The Partnership has only limited insurance coverage for property
damage loss claims  arising from the  presence of mold and for  personal  injury
claims  related  to  mold  exposure.  Affiliates  of the  General  Partner  have
implemented a national  policy and  procedures to prevent or eliminate mold from
its  properties  and the  General  Partner  believes  that these  measures  will
eliminate,  or at least minimize, the effects that mold could have on residents.
To date,  the  Partnership  has not incurred any material  costs or  liabilities
relating to claims of mold exposure or to abate mold conditions. Because the law
regarding  mold is unsettled and subject to change the General  Partner can make
no assurance that liabilities resulting from the presence of or exposure to mold
will  not have a  material  adverse  effect  on the  Partnership's  consolidated
financial condition or results of operations.

SEC Investigation

As  previously  disclosed,  the  Central  Regional  Office of the United  States
Securities  and  Exchange   Commission   (the  "SEC")  is  conducting  a  formal
investigation relating to certain matters.  Although the staff of the SEC is not
limited  in the  areas  that it may  investigate,  AIMCO  believes  the areas of
investigation include AIMCO's miscalculated monthly net rental income figures in
third quarter 2003,  forecasted  guidance,  accounts payable,  rent concessions,
vendor  rebates,  capitalization  of payroll and certain  other  costs,  and tax
credit  transactions.  AIMCO is cooperating  fully. AIMCO is not able to predict
when the matter  will be  resolved.  AIMCO does not  believe  that the  ultimate
outcome  will  have a  material  adverse  effect on its  consolidated  financial
condition  or results of  operations.  Similarly,  the General  Partner does not
believe that the ultimate  outcome  will have a material  adverse  effect on the
Partnership's consolidated financial condition or results of operations.


<PAGE>




Item 8.     Changes in and  Disagreements  with  Accountants on Accounting and
            Financial Disclosures

            None.

Item 8A.    Controls and Procedures

(a) Disclosure Controls and Procedures.  The Partnership's management,  with the
participation of the principal executive officer and principal financial officer
of the General Partner,  who are the equivalent of the  Partnership's  principal
executive officer and principal financial officer,  respectively,  has evaluated
the  effectiveness of the Partnership's  disclosure  controls and procedures (as
such term is defined  in Rules  13a-15(e)  and  15d-15(e)  under the  Securities
Exchange  Act of 1934,  as amended  (the  "Exchange  Act")) as of the end of the
period covered by this report. Based on such evaluation, the principal executive
officer and  principal  financial  officer of the General  Partner,  who are the
equivalent  of the  Partnership's  principal  executive  officer  and  principal
financial  officer,  respectively,  have  concluded  that, as of the end of such
period, the Partnership's disclosure controls and procedures are effective.

(b) Internal Control Over Financial  Reporting.  There have not been any changes
in the Partnership's  internal control over financial reporting (as such term is
defined in Rules  13a-15(f)  and  15d-15(f)  under the Exchange  Act) during the
fourth quarter of 2004 that have materially  affected,  or are reasonably likely
to  materially  affect,  the  Partnership's   internal  control  over  financial
reporting.

Item 8B.    Other Information

            None.


<PAGE>

                                    PART III

Item 9.     Directors,  Executive  Officers,  Promoters  and Control  Persons;
            Compliance with Section 16(a) of the Exchange Act

Angeles Income Properties, Ltd. 6 (the "Partnership" or the "Registrant") has no
officers or directors. The names of the directors and officers of Angeles Realty
Corporation II ("ARC II" or the "General Partner"), their ages and the nature of
all positions with ARC II presently held by them are as follows:

Martha L. Long                   45   Director and Senior Vice President
Harry G. Alcock                  42   Director and Executive Vice President
Miles Cortez                     61   Executive Vice President, General Counsel
                                      and Secretary
Patti K. Fielding                41   Executive Vice President
Paul J. McAuliffe                48   Executive Vice President and Chief
                                      Financial Officer
Thomas M. Herzog                 42   Senior Vice President and Chief Accounting
                                       Officer
Stephen B. Waters                43   Vice President

Martha L. Long has been a Director  and Senior  Vice  President  of the  General
Partner since February 2004. Ms. Long has been with AIMCO since October 1998 and
has served in various  capacities.  From 1998 to 2001, Ms. Long served as Senior
Vice President and Controller of AIMCO and the General Partner.  During 2002 and
2003,  Ms. Long served as Senior Vice  President of Continuous  Improvement  for
AIMCO.

Harry G. Alcock was  appointed  as a Director of the General  Partner in October
2004 and was  appointed  Executive  Vice  President  of the  General  Partner in
February 2004 and has been Executive Vice President and Chief Investment Officer
of AIMCO since October  1999.  Prior to October 1999 Mr. Alcock served as a Vice
President  of AIMCO  from July 1996 to October  1997,  when he was  promoted  to
Senior Vice  President  Acquisitions  where he served until  October  1999.  Mr.
Alcock has had responsibility for acquisition and financing  activities of AIMCO
since July 1994.

Miles  Cortez was  appointed  Executive  Vice  President,  General  Counsel  and
Secretary of the General  Partner in February  2004 and of AIMCO in August 2001.
Prior to joining  AIMCO,  Mr. Cortez was the senior  partner of Cortez  Macaulay
Bernhardt  &  Schuetze  LLC,  a Denver  law firm,  from  December  1997  through
September 2001.

Patti K. Fielding was appointed  Executive  Vice President - Securities and Debt
of the General  Partner in  February  2004 and of AIMCO in  February  2003.  Ms.
Fielding was  appointed  Treasurer  of AIMCO in January  2005.  Ms.  Fielding is
responsible  for  debt  financing  and the  treasury  department.  Ms.  Fielding
previously  served as Senior Vice  President - Securities and Debt of AIMCO from
January 2000 to February 2003. Ms.  Fielding  joined AIMCO in February 1997 as a
Vice President.

Paul J. McAuliffe has been Executive Vice President and Chief Financial  Officer
of the General  Partner since April 2002. Mr.  McAuliffe has served as Executive
Vice  President of AIMCO since February 1999 and was appointed  Chief  Financial
Officer  of AIMCO in October  1999.  From May 1996  until he joined  AIMCO,  Mr.
McAuliffe was Senior Managing Director of Secured Capital Corp.

Thomas M.  Herzog was  appointed  Senior  Vice  President  and Chief  Accounting
Officer of the General  Partner in February  2004 and of AIMCO in January  2004.
Prior to  joining  AIMCO in January  2004,  Mr.  Herzog  was at GE Real  Estate,
serving  as Chief  Accounting  Officer & Global  Controller  from  April 2002 to
January 2004 and as Chief Technical Advisor from March 2000 to April 2002. Prior
to joining GE Real  Estate,  Mr.  Herzog was at  Deloitte & Touche LLP from 1990
until 2000.

Stephen B. Waters was appointed Vice  President of the General  Partner in April
2004. Mr. Waters previously served as a Director of Real Estate Accounting since
joining AIMCO in September 1999. Mr. Waters has responsibilities for real estate
and partnership accounting with AIMCO.

One or more of the above persons are also directors and/or officers of a general
partner (or general partner of a general partner) of limited  partnerships which
either have a class of  securities  registered  pursuant to Section 12(g) of the
Securities Exchange Act of 1934, or are subject to the reporting requirements of
Section  15(d) of such Act.  Further,  one or more of the above persons are also
directors and/or officers of Apartment Investment and Management Company and the
general  partner  of  AIMCO  Properties,  L.P.,  entities  that  have a class of
securities  registered  pursuant to Section 12(g) of the Securities Exchange Act
of 1934, or are subject to the reporting  requirements of Section 15 (d) of such
Act.

The board of  directors of the General  Partner  does not have a separate  audit
committee.  As such, the board of directors of the General Partner  fulfills the
functions of an audit  committee.  The board of directors  has  determined  that
Martha L. Long meets the requirement of an "audit committee financial expert".

The  directors  and  officers of the General  Partner  with  authority  over the
Partnership are all employees of subsidiaries of AIMCO. AIMCO has adopted a code
of ethics that applies to such  directors and officers that is posted on AIMCO's
website  (www.AIMCO.com).  AIMCO's  website is not  incorporated by reference to
this filing.

Item 10.    Executive Compensation

Neither the directors nor officers  received any  remuneration  from the General
Partner during the year ended December 31, 2004.

Item 11.    Security Ownership of Certain Beneficial Owners and Management

Except as noted below,  no person or entity was known by the  Partnership  to be
the  beneficial  owner of more than 5% of the Limited  Partnership  Units of the
Partnership as of December 31, 2004.

Entity                                  Number of Units      Percentage

AIMCO Properties, L.P.                       17,915            37.87%
  (an affiliate of AIMCO)
Cooper River Properties, LLC                  3,506             7.41%
  (an affiliate of AIMCO)
AIMCO IPLP, L.P.                              1,956             4.13%
  (an affiliate of AIMCO)

Cooper River  Properties,  LLC and AIMCO IPLP,  L.P. are  indirectly  ultimately
owned by AIMCO.  Their  business  address is 55 Beattie  Place,  Greenville,  SC
29602.

AIMCO Properties,  LP is indirectly ultimately controlled by AIMCO. Its business
address is 4582 S. Ulster St. Parkway, Suite 1100, Denver, Colorado 80237.

No  director  or officer of the  General  Partner  owns any units.  The  General
Partner  owns 100 Units as  required by the terms of the  partnership  agreement
governing the Partnership.

The Partnership knows of no contractual arrangements, the operation of the terms
of  which  may at a  subsequent  date  result  in a  change  in  control  of the
Partnership, except for: Article 12.1 of the Agreement, which provides that upon
a vote of the limited  partners  holding  more than 50% of the then  outstanding
limited  partnership  units  the  general  partner  may  be  expelled  from  the
Partnership upon 90 days written notice.  In the event that a successor  general
partner has been elected by limited  partners  holding more than 50% of the then
outstanding  limited  partnership  units and if said limited  partners  elect to
continue the business of the Partnership,  the Partnership is required to pay in
cash to the expelled  general  partner an amount equal to the accrued and unpaid
management  fee,  described in Article 10 of the  Agreement  and to purchase the
general  partner's  interest in the  Partnership  on the  effective  date of the
expulsion,  which shall be an amount equal to the difference between the balance
of the general  partner's capital account and the fair market value of the share
of  distributable  net proceeds to which the general  partner would be entitled.
Such  determination of the fair market value of the share of  distributable  net
proceeds is defined in Article 12.2(b) of the Agreement.

Item 12.    Certain Relationships and Related Transactions

The  Partnership  has no  employees  and depends on the General  Partner and its
affiliates for the management and administration of all Partnership  activities.
The  Partnership  Agreement  provides  for certain  payments to  affiliates  for
services and  reimbursement of certain expenses incurred by affiliates on behalf
of the Partnership.

Affiliates of the General  Partner receive 5% of gross receipts from both of the
Partnership's  residential  properties as  compensation  for providing  property
management  services.  The  Partnership  paid to such  affiliates  approximately
$174,000  for both of the  years  ended  December  31,  2004  and 2003  which is
included in operating expenses.

Affiliates  of the General  Partner  charged the  Partnership  reimbursement  of
accountable  administrative  expenses  amounting to  approximately  $131,000 and
$153,000 for the years ended December 31, 2004 and 2003, respectively,  which is
included in general and administrative  expenses and investment properties.  For
the years ended  December 31, 2004 and 2003, the first three quarters were based
on  estimated  amounts  and  in  the  fourth  quarter  of  2004  and  2003,  the
reimbursements  of  accountable  administrative  expenses were adjusted based on
actual  costs (see "Item 7. -  Financial  Statements.  Note D").  The portion of
these  reimbursements  included  in  investment  properties  for the year  ended
December 31, 2004 are fees related to construction  management services provided
by an affiliate of the General Partner of approximately  $15,000.  There were no
construction  management  service fees during the year ended  December 31, 2003.
The construction management service fees are calculated based on a percentage of
current additions to investment properties.  At December 31, 2004, approximately
$14,000 was due from an affiliate for an over payment of  reimbursements,  which
is included in due to affiliates.

Pursuant  to the  Partnership  Agreement,  the  General  Partner is  entitled to
receive a distribution  equal to 3% of the aggregate  disposition  price of sold
properties. Pursuant to this provision, during the year ended December 31, 2000,
the  Partnership  paid a distribution of  approximately  $174,000 to the General
Partner  related to the sales of Wakonda  Shopping  Center and Town and  Country
Shopping Center. Pursuant to this provision,  during the year ended December 31,
2001, the Partnership declared and paid a distribution of approximately  $60,000
payable to the General Partner  related to the sale of Casa Granada  Apartments.
These fees are subordinate to the limited partners receiving a preferred return,
as specified in the  Partnership  Agreement.  If the limited  partners  have not
received their  preferred  return when the Partnership  terminates,  the General
Partner will return these amounts to the Partnership.

Pursuant  to  the  Partnership   Agreement  for  managing  the  affairs  of  the
Partnership, the General Partner is entitled to receive a Partnership Management
Fee equal to 10% of the  Partnership's  net cash from  operations.  For the year
ended December 31, 2004, the Partnership has expensed  approximately $20,000 for
the 2004 fee. This amount is included in Due to  affiliates on the  consolidated
balance  sheet.  For the year ended  December  31,  2003,  the  Partnership  had
expensed  approximately  $68,000  for the 2003 fee.  Payment of the  partnership
management fee is restricted to  distributable  net proceeds,  as defined in the
Partnership  Agreement.  The  2002  partnership  management  fee was  paid  with
distributable  net proceeds from the  refinancing  of Lazy Hollow  Apartments in
2003. The 2004 and 2003  partnership  management fees of  approximately  $88,000
will  remain  accrued  until  such  time  as  the   partnership  has  additional
distributable net proceeds.

The  Partnership  insures its properties up to certain  limits through  coverage
provided by AIMCO which is  generally  self-insured  for a portion of losses and
liabilities  related to workers  compensation,  property  casualty  and  vehicle
liability. The Partnership insures its properties above the AIMCO limits through
insurance policies obtained by AIMCO from insurers unaffiliated with the General
Partner.  During the years ended December 31, 2004 and 2003, the Partnership was
charged  by  AIMCO  and  its  affiliates   approximately  $35,000  and  $33,000,
respectively,  for  insurance  coverage and fees  associated  with policy claims
administration.

In addition to its  indirect  ownership of the general  partner  interest in the
Partnership,  AIMCO and its affiliates  owned 23,377 limited  partnership  units
(the "Units") in the Partnership representing 49.41% of the outstanding Units at
December  31,  2004.  A number of these Units were  acquired  pursuant to tender
offers  made by  AIMCO  or its  affiliates.  It is  possible  that  AIMCO or its
affiliates will acquire  additional  Units in exchange for cash or a combination
of cash and units in AIMCO Properties, L.P., the operating partnership of AIMCO,
either through private  purchases or tender offers.  Pursuant to the Partnership
Agreement,  unitholders  holding a majority  of the Units are  entitled  to take
action with  respect to a variety of matters that  include,  but are not limited
to,  voting on certain  amendments  to the  Partnership  Agreement and voting to
remove  the  General  Partner.  As a result  of its  ownership  of 49.41% of the
outstanding  Units,  AIMCO and its affiliates are in a position to influence all
such voting  decisions  with  respect to the  Partnership.  Although the General
Partner owes fiduciary duties to the limited  partners of the  Partnership,  the
General Partner also owes fiduciary duties to AIMCO as its sole stockholder.  As
a  result,  the  duties of the  General  Partner,  as  general  partner,  to the
Partnership  and its limited  partners may come into conflict with the duties of
the General Partner to AIMCO as its sole stockholder.

Item 13.    Exhibits

            See Exhibit Index.

Item 14.    Principal Accountant Fees and Services

The General Partner has reappointed Ernst & Young LLP as independent auditors to
audit the financial  statements of the  Partnership for 2005. The aggregate fees
billed  for  services  rendered  by  Ernst & Young  LLP for  2004  and  2003 are
described below.

Audit Fees. Fees for audit services  totaled  approximately  $36,000 and $37,000
for 2004 and 2003,  respectively.  Fees for audit services also include fees for
the reviews of the Partnership's Quarterly Reports on Form 10-QSB.

Tax Fees. Fees for tax services  totaled  approximately  $11,000 and $13,000 for
2004 and 2003, respectively.


<PAGE>


                                   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.


                                    ANGELES INCOME PROPERTIES, LTD. 6


                                    By:   Angeles Realty Corporation II
                                          General Partner


                                    By:   /s/Martha L. Long
                                          Martha L. Long
                                          Senior Vice President


                                    By:   /s/Stephen B. Waters
                                          Stephen B. Waters
                                          Vice President

                                    Date: March 25, 2005


In  accordance  with the Exchange  Act, this report has been signed below by the
following  persons on behalf of the  Registrant and in the capacities and on the
date indicated.

/s/Harry G. Alcock            Director and Executive        Date: March 25, 2005
Harry G. Alcock               Vice President


/s/Martha L. Long             Director and Senior Vice      Date: March 25, 2005
Martha L. Long                President


/s/Stephen B. Waters          Vice President                Date: March 25, 2005
Stephen B. Waters



<PAGE>



                                  EXHIBIT INDEX


Exhibit

3.1         Amended  Certificate and Agreement of the Limited  Partnership filed
            in the  Partnership's  Prospectus  dated  June  11,  1987  which  is
            incorporated herein by reference.

3.2         Second  Amended and Restated  Bylaws of IPT,  dated  October 2, 1998
            incorporated  by reference to  Registrant's  Current  Report on Form
            8-K, dated October 1, 1998.

10.7        Agreement  of Purchase  and Sale of Real  Property  with  Exhibits -
            Homestead Apartments filed in Form 8-K dated November 10, 1988 which
            is incorporated herein by reference.

10.9        Agreement of Purchase and Sale of Real  Property and Exhibits - Lazy
            Hollow  Apartments  filed in Form 8-K dated December 1989,  which is
            incorporated herein by reference.

10.12       Stock  Purchase  Agreement  dated  November  24,  1992  showing  the
            purchase  of  100%  of  the  outstanding  stock  of  Angeles  Realty
            Corporation  II by  IAP  GP  Corporation,  a  subsidiary  of  MAE GP
            Corporation,  filed in Form 8-K dated  December 31,  1992,  which is
            incorporated herein by reference.

10.34       Multifamily  Note between GMAC Commercial  Mortgage  Corporation and
            Angeles  Income  Properties,  Ltd. 6 for the  refinance of Homestead
            Apartments  filed in Form 8-K  dated  September  6,  2001,  which is
            incorporated herein by reference.

10.35       Multifamily  Note dated March 31, 2003 between Lazy Hollow Partners,
            a California general partnership, and Reilly Mortgage Group, Inc., a
            District of Columbia  corporation.  filed in Form 10-KSB dated March
            26, 2004, which is incorporated herein by reference.

10.36       Limited  Guaranty dated March 31, 2003 between Lazy Hollow Partners,
            a California general partnership, and Reilly Mortgage Group, Inc., a
            District of Columbia  corporation  filed in Form 10-KSB  dated March
            26, 2004, which is incorporated herein by reference.

10.37       Multifamily  Deed  of  Trust,   Assignment  of  Rents  and  Security
            Agreement  dated March 31, 2003  between  Lazy  Hollow  Partners,  a
            California general  partnership,  and Reilly Mortgage Group, Inc., a
            District of Columbia  corporation  filed in Form 10-KSB  dated March
            26, 2004 which is incorporated herein by reference.

10.38       Replacement  Reserve  Agreement  dated March 31, 2003  between  Lazy
            Hollow  Partners,  a  California  general  partnership,  and  Reilly
            Mortgage Group,  Inc., a District of Columbia  corporation  filed in
            Form 10-KSB  dated March 26,  2004 which is  incorporated  herein by
            reference.

31.1        Certification  of equivalent of Chief Executive  Officer pursuant to
            Securities  Exchange  Act  Rules  13a-14(a)/15d-14(a),   as  Adopted
            Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

31.2        Certification  of equivalent of Chief Financial  Officer pursuant to
            Securities  Exchange  Act  Rules  13a-14(a)/15d-14(a),   as  Adopted
            Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.

32.1        Certification  Pursuant  to  18  U.S.C.  Section  1350,  as  Adopted
            Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.


<PAGE>



Exhibit 31.1


                                  CERTIFICATION


I, Martha L. Long, certify that:


1.    I have  reviewed  this  annual  report on Form  10-KSB of  Angeles  Income
      Properties, Ltd. 6;

2.    Based on my knowledge,  this report does not contain any untrue  statement
      of a material fact or omit to state a material fact  necessary to make the
      statements made, in light of the circumstances under which such statements
      were made,  not  misleading  with  respect  to the period  covered by this
      report;

3.    Based on my  knowledge,  the  financial  statements,  and other  financial
      information  included  in this  report,  fairly  present  in all  material
      respects the financial condition,  results of operations and cash flows of
      the small  business  issuer as of, and for, the periods  presented in this
      report;

4.    The  small  business  issuer's  other  certifying  officer(s)  and  I  are
      responsible  for  establishing  and  maintaining  disclosure  controls and
      procedures (as defined in Exchange Act Rules  13a-15(e) and 15d-15(e)) for
      the small business issuer and have:

      (a)   Designed such  disclosure  controls and  procedures,  or caused such
            disclosure   controls  and  procedures  to  be  designed  under  our
            supervision,  to ensure that  material  information  relating to the
            small business issuer, including its consolidated  subsidiaries,  is
            made  known to us by  others  within  those  entities,  particularly
            during the period in which this report is being prepared;

      (b)   Evaluated  the   effectiveness   of  the  small  business   issuer's
            disclosure  controls and procedures and presented in this report our
            conclusions about the  effectiveness of the disclosure  controls and
            procedures, as of the end of the period covered by this report based
            on such evaluation; and

      (c)   Disclosed in this report any change in the small  business  issuer's
            internal  control over financial  reporting that occurred during the
            small  business  issuer's  most  recent  fiscal  quarter  (the small
            business  issuer's  fourth  fiscal  quarter in the case of an annual
            report) that has  materially  affected,  or is reasonably  likely to
            materially affect, the small business issuer's internal control over
            financial reporting; and

5.    The  small  business  issuer's  other  certifying  officer(s)  and I  have
      disclosed,  based on our most recent  evaluation of internal  control over
      financial reporting, to the small business issuer's auditors and the audit
      committee of the small  business  issuer's  board of directors (or persons
      performing the equivalent functions):

      (a)   All significant  deficiencies and material  weaknesses in the design
            or operation of internal control over financial  reporting which are
            reasonably  likely to adversely  affect the small business  issuer's
            ability  to  record,   process,   summarize  and  report   financial
            information; and

      (b)   Any fraud,  whether or not  material,  that  involves  management or
            other  employees who have a significant  role in the small  business
            issuer's internal control over financial reporting.

Date: March 25, 2005

                                    /s/Martha L. Long
                                    Martha L. Long
                                    Senior  Vice  President  of  Angeles  Realty
                                    Corporation  II,  equivalent  of  the  chief
                                    executive officer of the Partnership


<PAGE>


Exhibit 31.2
                                  CERTIFICATION

I, Stephen B. Waters, certify that:

1.    I have  reviewed  this  annual  report on Form  10-KSB of  Angeles  Income
      Properties, Ltd. 6;

2.    Based on my knowledge,  this report does not contain any untrue  statement
      of a material fact or omit to state a material fact  necessary to make the
      statements made, in light of the circumstances under which such statements
      were made,  not  misleading  with  respect  to the period  covered by this
      report;

3.    Based on my  knowledge,  the  financial  statements,  and other  financial
      information  included  in this  report,  fairly  present  in all  material
      respects the financial condition,  results of operations and cash flows of
      the small  business  issuer as of, and for, the periods  presented in this
      report;

4.    The  small  business  issuer's  other  certifying  officer(s)  and  I  are
      responsible  for  establishing  and  maintaining  disclosure  controls and
      procedures (as defined in Exchange Act Rules  13a-15(e) and 15d-15(e)) for
      the small business issuer and have:

      (a)   Designed such  disclosure  controls and  procedures,  or caused such
            disclosure   controls  and  procedures  to  be  designed  under  our
            supervision,  to ensure that  material  information  relating to the
            small business issuer, including its consolidated  subsidiaries,  is
            made  known to us by  others  within  those  entities,  particularly
            during the period in which this report is being prepared;

      (b)   Evaluated  the   effectiveness   of  the  small  business   issuer's
            disclosure  controls and procedures and presented in this report our
            conclusions about the  effectiveness of the disclosure  controls and
            procedures, as of the end of the period covered by this report based
            on such evaluation; and

      (c)   Disclosed in this report any change in the small  business  issuer's
            internal  control over financial  reporting that occurred during the
            small  business  issuer's  most  recent  fiscal  quarter  (the small
            business  issuer's  fourth  fiscal  quarter in the case of an annual
            report) that has  materially  affected,  or is reasonably  likely to
            materially affect, the small business issuer's internal control over
            financial reporting; and

5.    The  small  business  issuer's  other  certifying  officer(s)  and I  have
      disclosed,  based on our most recent  evaluation of internal  control over
      financial reporting, to the small business issuer's auditors and the audit
      committee of the small  business  issuer's  board of directors (or persons
      performing the equivalent functions):

      (a)   All significant  deficiencies and material  weaknesses in the design
            or operation of internal control over financial  reporting which are
            reasonably  likely to adversely  affect the small business  issuer's
            ability  to  record,   process,   summarize  and  report   financial
            information; and

      (b)   Any fraud,  whether or not  material,  that  involves  management or
            other  employees who have a significant  role in the small  business
            issuer's internal control over financial reporting.

Date: March 25, 2005

                                    /s/Stephen B. Waters
                                    Stephen B. Waters
                                    Vice President of Angeles Realty
                                    Corporation II,
                                    equivalent of the chief financial officer
                                    of the Partnership


<PAGE>



Exhibit 32.1


                          Certification of CEO and CFO
                       Pursuant to 18 U.S.C. Section 1350,
                             As Adopted Pursuant to
                Section 906 of the Sarbanes-Oxley Act of 2002



In  connection  with  the  Annual  Report  on  Form  10-KSB  of  Angeles  Income
Properties, Ltd. 6 (the "Partnership"),  for the year ended December 31, 2004 as
filed with the  Securities  and  Exchange  Commission  on the date  hereof  (the
"Report"),  Martha L. Long, as the equivalent of the chief executive  officer of
the Partnership, and Stephen B. Waters, as the equivalent of the chief financial
officer of the Partnership, each hereby certifies, pursuant to 18 U.S.C. Section
1350,  as adopted  pursuant  to Section 906 of the  Sarbanes-Oxley  Act of 2002,
that, to the best of his knowledge:

      (1)   The Report fully complies with the  requirements of Section 13(a) or
            15(d) of the Securities Exchange Act of 1934; and

      (2)   The  information  contained in the Report  fairly  presents,  in all
            material respects, the financial condition and results of operations
            of the Partnership.


                                           /s/Martha L. Long
                                    Name:  Martha L. Long
                                    Date:  March 25, 2005


                                           /s/Stephen B. Waters
                                    Name:  Stephen B. Waters
                                    Date:  March 25, 2005


This  certification is furnished with this Report pursuant to Section 906 of the
Sarbanes-Oxley  Act of 2002 and shall not be deemed filed by the Partnership for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended.