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(04/01/08 – 06/30/08)
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EXCEPTION
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When two or more budgetary units share rental expenses, the amount of money paid directly to the participant that exceeds the participant’s actual expense is countable. (See Example Rent Sharing 1)
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Key the OT Unearned Income Code in the INC TYPE field on UNIC.
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NOTE Monies that have been counted as income to the budgetary unit in a given month are not countable again in the same month. (See Example Rent Sharing 2)
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When a nonparticipant is renting from a participant homeowner, the rent paid to the participant homeowner is countable. Count the money as either unearned income or self-employment to the participant homeowner. (See Rental Property Income and Example Rent Sharing 3)
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