FAA4.J Self Employment Income (SEEI SEEW) : 08 Self Employment Resources
08 Self Employment Resources
Resources that are necessary to the self employment, when they are held identifiably sole and separate from other resources, are NOT COUNTABLE. (See Combined Resources)
 
Special consideration is given to farm related resources following the termination of the farm business. (See Farming)
 
Property that produces income more than the expenses is considered necessary for the self employment. This may include, but is not limited to, the following:
 
Property that is important to the employment of a tradesman. Such property may include tools or machinery. (See Tools or Equipment)
Buildings, equipment, machinery, livestock trailers, vehicles, and land used by self employed participants or farmers for self employment businesses.
 
(See Income Producing Vehicles for policy and procedures regarding treatment of income producing vehicles)