Joe Biden is carrying debt of up to $815,000, financial records show, as it's revealed he and First Lady Jill also failed to net royalties from three of their book titles due to lackluster sales

President Joe Biden and First Lady Jill Biden are carrying a personal debt of up to $815,000, their financial records show, and no one is buying the president's books.

Most of the couple's debt is the mortgage on their Delaware home and an equity loan on that home. Additionally their debt consists of a term loan of about $15,000 and a loan against a mutual fund for about $50,000.

In total, the Bidens reported assets between roughly $1 million and $2.6 million and liabilities between roughly $350,000 and $850,000, according to an Office of Government Ethics form that lists ranges rather than precise figures. 

The Bidens' financial records, along with those of Vice President Kamala Harris and her husband Doug Emhoff, are required to be made public annually under the Ethics in Government Act, which was introduced to prevent any conflicts of interest.

In his form, President Biden reveals he has had no royalties from his two books: 'Promises to Keep' and 'Promise Me, Dad' this year.

Joe Biden's financial records show he received zero royalties for his two books this year

Jill Biden reported no royalties for her memoir 'Where the Light Enters' but did note she received royalties of up to $1,000 for her two children's books: 'Don't Forget: God Bless Our Troops' and 'JOEY: The Story of Joe Biden.'

The first lady has another children's book coming out this July: 'Willow the White House Cat' about life at the executive mansion as seen through the eyes of the family pet. 

Jill Biden also reported receiving a salary from Northern Virginia Community College, where she has been a professor since 2009. She did not disclose the amount she has paid.

The White House released the documents for the two couples on Wednesday. 

Biden's Republican rival Donald Trump's finances have been in the news amid several legal cases, including a current hush-money case in New York.

Trump, who is not a sitting government official, has not made a comparable disclosure.

Biden's liabilities include a mortgage on his personal home carrying a balance between $250,001 and $500,000. The interest rate for the mortgage, which Biden incurred from TD Bank in 2013, is 3.375%.

The president took out a home-equity loan in 2022 with a variable interest rate and a 10-year term, which rose to $100,000 to $250,000 from $15,001 to $50,000.

The president also reported having less cash in the bank than he did in the past year.

One of his bank accounts showed a cash total of $50,000 to $100,000 from $250,000 to $500,000 last year. Another account showed $50,000 to $100,000 in cash, a drop from $100,000 to $250,000 a year earlier.

In contrast to President Joe Biden, First lady Jill Biden reported no royalties for her memoir 'Where the Light Enters' but did note she received royalties of up to $1,000 for her two children's books

Beyoncé gifted $1,655.92 pair of concert tickets to super fan Kamala Harris and husband Doug Emhoff in 2023 - above Harris posted a picture of the couple ahead of the concert

Jill Biden is writing a children's book about her cat; Willow moved into the White House in January 2022

Harris, meanwhile, disclosed Beyonce gave her tickets to her 2023 concert in Washington D.C. She valued the tickets at $1,655.92. 

She and Emhoff also revealed that ESPN had gifted her tickets worth $1,890 to Howard University's football game against Florida A&M. Harris is a graduate of Howard.

Emhoff reported receiving income from Georgetown University where he teaches a class. He did not report the amount he receives.

He also reported several investments, likely tied to his years as a partner at DLA Piper. He left that job when Harris was elected vice president.

Biden reported no gifts in his disclosure.