What is the name of your state? California-
I am 51 years old and have been on ssi for about 10 years. I own a house free and clear and because home prices here in Los Angeles, even for my tiny house, have gone through the roof, it is worth quite a lot. I would like to sell the house because there are a number of steps which are getting harder for me to get up and down. If I sell the house and buy another with all the proceeds my new property taxes would be more than I would be able to afford. Is there anything that can be done? If I sell and then rent a place would I have to go off SSI, spend down most of the money, and then reapply? Of course, after the spend down I would not be able to afford even an apartment rental in LA. Anyone have any advice?
I am 51 years old and have been on ssi for about 10 years. I own a house free and clear and because home prices here in Los Angeles, even for my tiny house, have gone through the roof, it is worth quite a lot. I would like to sell the house because there are a number of steps which are getting harder for me to get up and down. If I sell the house and buy another with all the proceeds my new property taxes would be more than I would be able to afford. Is there anything that can be done? If I sell and then rent a place would I have to go off SSI, spend down most of the money, and then reapply? Of course, after the spend down I would not be able to afford even an apartment rental in LA. Anyone have any advice?