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INCOME PRODUCING PROPERTY: For property used in a trade or business (e.g., farming), see ‘Property/Equipment necessary for Self-Employment.’ Exclude income producing property necessary for self-employment. Count the equity value of income-producing property not used for self-employment. Family Medically Needy: Rental Property is not excluded solely on the basis that it is being rented. Rental property is only excluded when the owner is in the property rental business (the owner must be materially participating in the rental operation and decision-making a minimum of 10 hours per week). If the owner is not materially participating at least 10 hours per week, the property’s equity value is countable. ABD: If the property owner is actively participating in the business operation and decision making at least 10 hours per throughout the year, states the business is self- employment, and, if filing income taxes, reports the income on Schedule C, F or SE, treat the property as necessary for self-employment. If the above requirements are not met, treat the property as income producing. ABD: Exclude $6,000 of the income producing property’s equity value (not necessary for self-employment) when the annual net income produced is at least 6% of the FMV. The $6000 exclusion applies to the total combined value of ALL income producing property the individual owns or jointly owns (except life estate property, which may be separately excluded). The 6% income production/$6000 equity exclusion does not apply to any resource used in self-employment or used to produce items for home consumption. INDEPENDENCE ACCOUNTS: Qualifying Independence Accounts (including the interest on and earnings from) are excluded while the client is receiving coverage under the Montana Medicaid Workers with Disabilities (MWD) program. There is no minimum or maximum limit to establish the account or that can be deposited into an existing account while the client is receiving coverage under MWD. In order to meet the resource exclusion, the Independence Account must meet all of the following criteria: 1. The account must be established by the beneficiary when MWD coverage begins or while receiving MWD coverage; AND 2. The account must meet the Department's approval and be designated as an Independence Account; AND 3. The funds in the account must be held separate from non-exempt resources. Once the client's coverage under MWD ends, the following rules apply: 1. The amounts contributed to the account (including the interest on and earnings from the account) during the individual's coverage under MWD shall be excluded.