I have an old mobile home (30 years old) and 1/2 acre of land in another state. Will ssi find out about that? I received a letter to go in for an appointment to discuss my finances and resources. I've already been approved medically. Should I just tell them?
2006-10-19 03:55:09 · 4 answers · asked by justchillin07 1 in Business & Finance ➔ Personal Finance
Your assests do not matter with Social Security disability. They do matter with SSI because SSI is a welfare type program based on need. The assests you have could possibly disqualify you for SSI even though you were approved medically. But, if you do not tell them, records from the state and tax/IRS/DSS records cross systems with Social Security. Eventually, they will know, and you will have to repay all the SSI. And, possibly go to jail for fraud. But, remember you can still get Soc Sec Dis with any assests.
2006-10-19 04:06:19 · answer #1 · answered by catzrme 5 · 0⤊ 0⤋
If you are collecting rental income from the old mobile home - SSI needs to know about this and you would be disqualified for SSI. You may even be disqualified for SSDI because that 1/2 acre of land and old motorhome is worth money that you can sell to survive. My advice would be to spill the beans - they cannot prosecute you as long as you never benefited financially from not telling them. You may want to confer with a lawyer just to be on the safe side.
SSI rejected me because they thought I was receiving $50,000 from a house sale when I only received $1,000. SSI rejected me again because I received "phantom" SSDI checks. So, forget SSI for me. My wife receives SSI because she never worked enough to pay into the system for receiving SSDI. If my wife earns money, her SSI check is reduced by some amount for a period of time.
2006-10-22 12:25:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
my husband went through all that for his disability and they didn't even ask about my income or if we had checking or savings which we do but being that you are disabled is a lot differant then just applying for some kind of aid your sick you did not choose to be sick so you are entitled to your disability no matter what you have so dont even worry about that . if it was some other kind of aid you were applying for then they would say well hey you got a home this and that and would ask you why dont you sell it to have some kind of funds but being that your sick you are entitled to get disability with out all the questions but be honest and tell them the truth cause they might look in to it and if you say no you have no property or whatever then they will wonder why you keeping it from them then they start getting all in your business but me and my husband were honest and they just asked simple questions so be honest good luck .
2006-10-19 17:59:34 · answer #3 · answered by BIGL 4 · 0⤊ 0⤋
Unless you put the assets in another person's name they will find them. You need to go ahead and tell them if the assets are in your name.
2006-10-19 04:04:05 · answer #4 · answered by nana4dakids 7 · 0⤊ 0⤋