Can I Rent Out My Condo While Receiving Medicaid Long-Term Care Benefits?
- October 6th, 2014
While I can’t give you a definitive answer about Florida, in most states the answer is yes. You can rent out the condominium and contribute the net rent, after costs of maintaining the property, to your costs of care in the facility. To be sure about Florida, check with their Medicaid agency or a local elder law attorney.
For more on how Medicaid treats income, click here.