FAA4.D Other Assets (OTAS) : 03 Other Asset Types : K Real Property : .04 Real Property - Not for Sale
Real Property - Not for Sale
(01/01/20 - 12/31/20)
The equity value (g) of real property is countable when all of the following apply:
The participant is not making a good faith effort to sell at a reasonable price
The property is not a homestead
The property is not income producing
For jointly owned property, the property is available to the participant
Key the following information on OTAS:
The RP Other Assets Code in the TY field.
The equity value of the real property not for sale in the EQUITY field.