Topic: Rental Income
Explanation of Rental Income
Q/A examples of determining income to be earned or unearned.
Home property – a home is defined as any shelter in which the individual has an ownership interest and which is used by the individual as his/her principal place of residence. The home may be either real or personal property, fixed or mobile. Home property includes all property which is adjacent to the home. Policy regarding […]
Example 1: Rent Deposit Kent and Kristy visited the office to apply for SNAP benefits. During the interview they stated that they have a new apartment now and their rent according to their lease is $700 monthly. They had to pay an additional $300 for a deposit the first month. Rent deposits are not countable […]