6.15.9 Annualizing Rental Property Income
ISSUE DATE: 05/2022
Rental property income is considered a specific type of self-employment income. It may be considered earned self-employment income or unearned self-employment income, depending on the amount of time the owner spends maintaining or managing the rental property.
For information on calculating and annualizing self-employment income, including rental property income, see Chapter 6.15.6 (Annualizing self-employment income).
Determine if rental property income is earned or unearned
Ask the family how many hours a week on average an owner spends maintaining or managing the property when the information is not provided in the application or redetermination.
Legal authority
Minnesota Statutes 119B.011
Minnesota Statutes 256P.05
Minnesota Statutes 256P.06
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