Submitted by Roland_18 t3_yho3kb in personalfinance
Roland_18 OP t1_iuhob4o wrote
Reply to comment by ChiSquare1963 in My mom wants to purchase a home with cash and have me and my neice sign to be the owners by Roland_18
Interesting thought and a quick Google tells me that it looks like they don't give a damn about assets and she will be fine. This is a huge help! Thank you!
Subnauticawtf t1_iui33ni wrote
If your mother is on SSDI specifically and not SSI. Assets and unearned(passive and rental income) does not affect anything. She could buy a house, then buy 3 rental properties and as long as shes not managing them personally, they are considered unearned income and will NOT be held against her SSDI. There is no restrictions based on property. Donald Trump could recieve SSDI and still own all that rental real estate and collect the rent. Thats how the current law is setup. She should call and speak to a disability attorney, they should be able to explain all of this and answer all questions.
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