A maximum of $6,000 equity value of nonbusiness property (real or personal) that is used to produce goods or services essential to daily activities is excluded from resources. For instance, an individual may maintain livestock for consumption in his/her own household. There is no limit on the value of livestock, poultry, and crops for the household's own consumption (see 468 NAC 2-008.02B).
The property must be in current use or there is the reasonable expectation that use will resume.
Any equity in excess of $6,000 is counted as a resource. If the excess resource is real property, see 468 NAC 2-008.07B5 for regulations on liquidating real property.
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