Idaho Admin. Code r. 16.03.04.310 - NONLIQUID RESOURCES
Countable nonliquid resources are listed below. Nonliquid resources are resources not easily converted to cash. (3-17-22)
01.
Real Property. Equity value
of real property (land and buildings, including mobile homes) unless
specifically excluded. Property may be excluded if: (3-17-22)
a. The property is used as a home.
(3-17-22)
b. The property is
income-producing, and the income is consistent with the property's fair market
value. (3-17-22)
c. The property is
essential to employment or self- employment. (3-17-22)
d. The property is used in connection with an
excluded vehicle. (3-17-22)
02.
Vehicles. Licensed and
unlicensed automobiles, trucks, vans, motorcycles, self-propelled motor homes,
snowmobiles, boats, aircraft, all-terrain vehicles, and mopeds.
(3-17-22)
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. (3-17-22)
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.