Other unearned in-kind income is in-kind income that the claimant did not earn and
is not ISM. For more information about forms and amounts of income, see SI 00810.020.
Other unearned in-kind income is valued at its current market value. For definitions
associated with ISM, refer to SI 00835.020. If the claimant has not fully paid for the item received and the claimant is responsible
for the balance, the paid-up value (i.e., the equity value) corresponding to the percentage
of his or her ownership interest is unearned in-kind income. This is because the claimant
could obtain only that net value upon sale of the item and payment of the debt. However,
if the claimant is not responsible for the balance, he or she receives in-kind income
equal to the amount of cash he or she could obtain upon sale of the item, regardless
of any indebtedness on the part of some other person.
When a claimant receives a dwelling as a gift, but does not live in the dwelling in the month of receipt, it is other unearned in-kind income
because the claimant did not use it as shelter.