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SNAP CERTIFICATION MANUAL – SECTION 4000 3B4400 Excluded Resources
4440 Income Producing Property
Only that portion of real property actually involved in the maintenance or use of an excludable vehicle is to be excluded under these provisions. EXAMPLE 1: A household owns a one-acre field but only uses 1/4 of that acre to park and maintain equipment for a self-employment enterprise. Only the 1/4-acre actually in use will be excluded. If the one-acre tract is worth $1,000, 1/4 of the value is $250. $250 would be excluded as a resource. $750 would be counted as a resource. This method of determining the amount of resource exclusion is not affected by state or local zoning laws or by the household’s ability to convert the property to a cash resource. EXAMPLE 2:The household in example 1 above declares that the one-acre tract they own is in an incorporated industrial area. They state that local laws prevent them from selling anything less than the full one-acre tract. In spite of this, only the $250 amount for the 1/4-acre actually used will be excluded as a resource. $750 will be counted as a resource.
4440 Income Producing Property SNAP Manual 04/01/90 Income producing property is one of the following: 1. Property that annually produces income consistent with its fair market value, even if only used on a seasonal basis. (For example, farmland that is rented only during the crop season would be excluded for the entire year). See SNAP 4441 for instructions on determining fair market value. 2. Property that is essential to the employment or self-employment of a household member. (For example, farmland that is used by a household member to produce a crop of tomatoes that is sold to a cannery would be excluded as essential to self- employment.) 3. Rental homes used by households for vacation purposes at some time during the year so long as the property annually produces income consistent with its fair market value. 4. Work-related equipment such as, but not limited to, the tools of a tradesman or the machinery of a farmer, which is essential to the employment or self-employment of a household member. NOTE:Tools are excluded either as personal property or income producing property.