Idaho Admin. Code r. 16.03.04.310

Current through September 2, 2024

Section 16.03.04.310 - NONLIQUID RESOURCES

Countable nonliquid resources are resources not easily converted to cash and are listed below.

01.Real Property. Equity value of real property (land and buildings, including mobile homes) unless specifically excluded. Property may be excluded if the property is:

a. Used as a home.

b. Income-producing, and the income is consistent with the property's fair market value.

c. Essential to employment or self-employment.

d. Used in connection with an excluded vehicle.

02.Vehicles. Licensed and unlicensed automobiles, trucks, vans, motorcycles, self-propelled motor homes, snowmobiles, boats, aircraft, all-terrain vehicles, and mopeds.

03.Personal Property. Personal property not otherwise excluded. Personal property includes trailers pulled by another means or campers placed on the bed of a truck or pickup.

Idaho Admin. Code r. 16.03.04.310

Effective July 1, 2024