Can we rent Mom's house while she's in a nursing home without it affecting her Medicaid?

Neiseo99 asked...

Is it possible to rent out my mother's home, if she is in a nursing home, receiving Medicaid?

Expert Answer

Steve Weisman hosts the nationally syndicated radio show A Touch of Grey, heard on more than 50 stations, including WABC in New York City and KRLA in Los Angeles. He is a practicing lawyer specializing in estate planning and is admitted to practice before the United States Supreme Court. He's a public speaker and commentator who has appeared on many radio and television shows throughout the country, and he's the legal editor of Talkers magazine, the preeminent trade publication of talk radio. His latest book is The Truth About Avoiding Scams.

Your mother's home can be rented without jeopardizing her Medicaid eligibility, however the net rent will need to be applied toward her nursing home costs and will increase her Patient Pay Amount. Expenses incurred as a part of renting the property including management fees may be deducted from the gross rents to arrive at the amount that will need to be applied toward her care.