By skyforbes Hello, this question is for Florida. I have a friend who is in a nursing home, and will likely stay there due to his health. If he were to turn his mobile home into an AirBnB or a rental for traveling nurses (I can help, and it's in a park so it would need park approval), can Medicaid come take it while he is still alive? And can he protect it so that he can pass it on to family? If so, how? The other alternative is to give the house back to the park, which is sort of extreme but it's one option he's considering. That leaves him with no options at all if he decides to leave. At least if it were rented out, he'd have a place to go if he so chose.
He could try to sell it, although it's a challenge to cover the rent and the nursing home because things in here aren't really selling right now. (I wish I could afford to buy it from him and turn it into a rental).
He has been in there several months already, so his VA or Medicare or whatever short term medical is probably running out quickly. Also, he may need to bring his assets down to qualify for Medicaid, I'm not completely sure of the situation but I know they are working on it. He's not wealthy though, probably just over the threshold.
Any advice appreciated that will help him. Thank you