My 80 year old father lives in a different state where he owns the home he has lived in for the past 40 years. He has dementia and is now in need of 24 hour care. The small house next door to me is handicapped accessible and is available for rent. If my father rents this house, my sister will quit her job and become his full time caregiver. We could then apply for the Aid and Attendance pension, as he appears to qualify. The issue is what to do with the house he owns. The home has a value of 120k, but needs extensive repairs and updating in order to sell it. This could take several months, plus it is out of state which makes it difficult for family to deal with. Making the repairs, listing and selling the house in a depressed market, and then transferring the assets, could potentially prolong applying for A&A up to a year or more. On the other hand, we could make minimal repairs and rent the house. This could be done quickly and would help pay the rent on the new house. For A&A purposes would the house he owns be counted as an asset if he doesn’t live in it and he gets income from renting it? It makes sense that it would, but we want to make sure. I contacted an elder care attorney and he said regardless of what he does with it, moving out of the house he owns and establishing residency elsewhere makes it an asset for A&A, but not for Medicaid, which he does not qualify for. Thanks in advance for any help on this!