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proceeds from the sale equal $50,000. The group now exceeds the resource limit and is ineligible for MA. Over the first nine months that the group owned the second home, Medicaid paid $2,000 in medical expenses for the group. The DOH will seek to recover that $2,000 from the group. Do not count real estate property that is jointly owned if the sale of the property would cause the other owner undue hardship due to loss of housing and no other housing is readily available. (Note: The home in which a group member resides is always excluded; see Section 1.24: Real Estate in this Chapter.)

REAL ESTATE 1.24 Home 1.24.1 ALL Except for LT, exclude the principal residence owned and occupied by the group. Principal residence is the place where the group usually lives. It includes the home, all adjoining land, and any other buildings on the land. Adjoining land may be separated by roads, rivers, and so on, but it may not be land owned by someone else. Count all other residences. For LT, see Section 2.12a: Limitation on Home Equity for Long Term Care Assistance in Part VII. Home Sales 1.24.2 MA Exclude any income generated from the sale of a home as an asset, if the group purchases or intends to purchase a new home within the next twelve month. The cash from the sale must be kept in a separate account from countable assets. If the person buys another home within the twelve month period, count as an asset any cash that remains from the earlier sale. If the group does not intend to purchase a new home within twelve month, or fails to purchase a new home within twelve months, count the cash that remains from the sale as an asset. TANF See MA. GC See AR. FS Count as an asset any income generated from the sale of a home. Income-Producing Real Property 1.24.3 ALL Property which annually produces income consistent with its fair market value, even if it only produces income on a seasonal basis, is not counted as a resource (though the income produced from the asset would be treated as income). The minimum annual rate of return is six percent of either assessed or fair market value, whichever is less. MA SR: Some SR Medicaid recipients may also qualify for the "PASS' program under which some assets are not countable. Contact the IMA Policy Unit, if an SR Medicaid recipient reports such assets. Probate Property 1.24.4 ALL Exclude property held in probate. Property Lot 1.24.5 ALL Exclude a lot (including a partially built home) in the District of Columbia if the person intends it to become his/her home and does not own another home. Temporary Absence from Home 1.24.6 MA Exclude a home the person formerly lived in if the absence is due to care in a hospital or LTC facility and the person intends to return to the home. Also exclude a home a person formerly lived in if the person is temporarily absent (see Section 1.15: Temporary Absence in Part IV).