Could being a co-borrower on my mother's mortgage possibly cause me to potentially lose my disability?
I receive SSA Disability of $24,778.48. I live with my mother while she is in need and rent the home that I own but only break even on it because I pay a mortgage plus there are lots of maintenance issues. Could I lose my disability? I can't work. Too many health problems
The answer to you question is no. Being a borrower of any kind is not going to effect your eligibility for disability. Social Security Disability is dependent upon earned income. You can have earned income in the range of $1,000/mo and still qualify. Rental income is considered investment income and should not be considered towards that limit. If you had the property in a LLC as a business holding then the income could pass through to you as earned income but that does not seem to be the case. You should not have any concerns. | 04.21.16 @ 20:10