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  1. #1

    Default Can You Own Investment Properties While on SSDI

    My question involves business and real estate law in the state of: kansas

    I'm a retired army infantryman. I was medically retired and I'm on ssdi. Can I own rental properties? And can I form them under an llc while on ssdi or do I simply leave them unprotected and not put them in an llc?

  2. #2
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    Default Re: Can You Own Investment Properties While on SSDI

    SSDI benefits are not means tested, so you can own as much property as you can afford without affecting your benefits.

    Whether or not you want to own properties through an LLC is a separate issue. Some people prefer to hold their properties through an entity such as a LLC, others own them directly. If you are the only person who will be involved in the ownership and management of the properties, it won't make much difference -- but if you are capable of being a part-time or full-time property manager that could be something that calls into question the extent to which you are unable to work such that you qualify for SSDI.

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