{"id":140967,"date":"2026-07-29T19:35:37","date_gmt":"2026-07-29T23:35:37","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/el-sayed-in-the-hot-seat-for-another-foreign-rental-property-nearly-300k-in-additional-income-140967"},"modified":"2026-07-29T19:35:37","modified_gmt":"2026-07-29T23:35:37","slug":"el-sayed-in-the-hot-seat-for-another-foreign-rental-property-nearly-300k-in-additional-income","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/el-sayed-in-the-hot-seat-for-another-foreign-rental-property-nearly-300k-in-additional-income-140967","title":{"rendered":"El-Sayed in the hot seat for another foreign rental property, nearly $300K in additional income"},"content":{"rendered":"<div>\n<p>Moments ahead of a primary debate on Monday night, <a href=\"https:\/\/foxnews.com\/category\/us\/us-regions\/midwest\/michigan\" target=\"_blank\" rel=\"noopener noreferrer\">Michigan<\/a> Democratic U.S. Senate candidate Abdul El-Sayed released a new financial disclosure, revealing new details about he and his wife\u2019s assets worth up to $2.1 million.<\/p>\n<p>The disclosures, which come a week ahead of a heated primary election between El-Sayed and Rep. Haley Stevens, D-Mich., shed new light on El-Sayed\u2019s financials but questions still remain about the specifics of his wealth. While, broadly, much of their information was already known through reporting he did last year, the 2026 filing adds three key additions.<\/p>\n<p>El Sayed and his wife listed a rental property in Dubai worth up to $250,000, a liability to a company in Dubai worth up to $100,000 and a tweak to El-Sayed\u2019s employment status in <a href=\"https:\/\/foxnews.com\/category\/us\/us-regions\/midwest\/michigan\" target=\"_blank\" rel=\"noopener noreferrer\">Michigan<\/a>.<\/p>\n<p><a href=\"https:\/\/foxnews.com\/politics\/socialist-backed-dem-who-ripped-wealthy-cracks-states-top-1-tax-returns-show\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>SOCIALIST-BACKED DEM WHO RIPPED THE WEALTHY CRACKS STATE\u2019S TOP 1%, TAX RETURNS SHOW<\/strong><\/a><\/p>\n<p>Past reporting had already show that El-Sayed\u2019s wife owned a rental property in Ann Harbor, Michigan and another one in Bangalore, India.\u00a0<\/p>\n<p>The Dubai property makes a third real estate holding. The debt, worth between $50,000 and $100,000, is a liability owed to Majid Al Futtaim Tilal, a real estate development company that specializes in luxury residential projects. And finally, the filing adds that El-Sayed worked as a consultant for Wayne County, Michigan, with an income of $72,000. At the same time, the filing lists a salary of $82,750 \u2014 also for Wayne County. The consulting is a change from a salaried position listed at $278,900 the year before.<\/p>\n<p>&#8220;Know many people who own rental properties in three countries?&#8221; Prominent gun-control activist Shannon Watts posted on X.<\/p>\n<p>&#8220;Why are all the socialists rich????&#8221; Democratic analyst Rachel Bitecofer posted on X.<\/p>\n<p>In total, both the 2025 and 2026 filings put El-Sayed\u2019s net worth between $870,000 and $2.1 million.<\/p>\n<p>The Michigan race has drawn national attention as Stevens, a more establishment candidate with the backing of <a href=\"https:\/\/foxnews.com\/category\/person\/chuck-schumer\" target=\"_blank\" rel=\"noopener noreferrer\">Sen. Chuck Schumer<\/a>, D-N.Y., squares off against El-Sayed\u2019s progressive promises to challenge the U.S.-Israel relationship, abolish Immigration and Customs Enforcement (ICE) and provide universal healthcare. His platform has drawn support from fellow progressives such as Sens. Elizabeth Warren, D-Mass., and Bernie Sanders, I-Vt.<\/p>\n<p><a href=\"https:\/\/foxnews.com\/politics\/watch-surfaced-videos-dem-senate-candidate-backing-defund-police-contradict-recent-denials\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>WATCH: SURFACED VIDEOS OF DEM SENATE CANDIDATE BACKING &#8216;DEFUND THE POLICE&#8217; CONTRADICT RECENT DENIALS<\/strong><\/a><\/p>\n<p>With a groundswell of support among progressives, Stevens has sought to paint El-Sayed as a far cry from the middle-class working-family base he claims to champion, needling El-Sayed over his net worth in a debate last month.<\/p>\n<p>&#8220;Look, I am the only one running for United States Senate in Michigan who is not a millionaire,&#8221; Stevens had said at the time.<\/p>\n<p><a href=\"https:\/\/foxnews.com\/politics\/dem-civil-war-hits-primary-debate-stage-el-sayed-stevens-clash\" target=\"_blank\" rel=\"noopener noreferrer\">At the debate on Monday<\/a>, Stevens resurfaced the filings and what she characterized as a lack of transparency.<\/p>\n<p>&#8220;You have not released your tax returns,&#8221; Stevens reminded him. &#8220;You talk about getting money out of politics and putting money in people\u2019s pockets, but still no one knows who\u2019s putting the money in your pocket,&#8221; Stevens said.<\/p>\n<p>El-Sayed, who filed the Senate report right before the debate, said he had made the necessary disclosures, sidestepping the comment about his tax returns.<\/p>\n<p><a href=\"https:\/\/foxnews.com\/politics\/haley-stevens-shreds-abdul-el-sayed-dont-need-celebrity-candidate\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>DEM PRIMARY ERUPTS AS ESTABLISHMENT FAVORITE DISMISSES RIVAL AS \u2018CELEBRITY CANDIDATE\u2019<\/strong><\/a><\/p>\n<p>&#8220;This is a distraction from the issues in your life,&#8221; he said at Monday\u2019s debate.<\/p>\n<p>El-Sayed\u2019s most recent disclosures follow an application for an extension which allowed him an extra 90 days to finalize his 2026 paperwork. That extension would have allowed him to submit his disclosures on Aug. 13 \u2014 a week after the primary. When confronted about the timeline, El-Sayed <a href=\"https:\/\/www.foxnews.com\/politics\/aoc-backed-candidate-ripped-bizarre-response-transparency-question\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">pledged on a podcast<\/a> earlier this month to submit his disclosures before the election.<\/p>\n<p>El-Sayed\u2019s campaign did not immediately respond to requests for comment about the disclosures or the timing of its submission.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/politics\/el-sayed-hot-seat-another-foreign-rental-property-300k-additional-income\">Source &#8211; https:\/\/www.foxnews.com\/politics\/el-sayed-hot-seat-another-foreign-rental-property-300k-additional-income <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moments ahead of a primary debate on Monday night, Michigan Democratic U.S. Senate candidate Abdul El-Sayed released a new financial disclosure, revealing new details about [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-140967","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - 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