Will My Rental Income Count Against My Monthly Social Security Benefits?

Feb 24 2020 - 5:43pm

Hi Larry. I turn 62 this june and want to start collecting my social security benefit. My income is from rental property. That is my only income. Will that count against what I will receive per month?


Probably not. Only earned income (i.e. wages and self-employment earnings) counts for Social Security earnings test purposes. The only way that rental income could be considered as earned income would be if you're a realtor, or if you perform regular services for the convenience of your tenant, such as daily maid service.

Before you apply for benefits, though, you may want to strongly consider using our software (https://maximizemysocialsecurity.com/purchase) to fully explore all of your options so that you can avoid choosing a filing strategy that you'll later regret.

Best, Jerry