social security disablilty and renting out a house
I own a house and am on SSD and widow benefits. I tried to sell it via land contract and was ripped off to the tune of over forty thousand dollars,(house is life savings). Now I had to pay a contractor to fix most of the damages and rent it out now. Will this income go against my SSD?
Re: social security disablilty and renting out a house
If your social security benefits are based upon your or your husband’s work records, your income and assets will not affect your SSD benefits; income and assets are relevant only for SSI and Medicaid and some other state entitlement benefits
Nancy M. Rice, Esq., CELA
Elder Law Offices of Nancy M. Rice
618 West Avenue
Ocean City, NJ 08226
Re: social security disablilty and renting out a house
If you receive SSI, Suppplemental Security Income, yes. If you are receiving a disability insurance benefit, probably not. Contact your local SSA office and ask them to review your situation.
Randall Selagy
F. Randall Selagy, P.C.
150 Beverly Drive
Kennett Square, PA 19348-1625