Can a person buy a house boat to live on while on SSI not SSDI?

He has a house but was damaged by hurricane Michael and cannot afford to repair the house. So he asked me if I knew could he sell out and buy a house boat to live on. Supplemental security income! 

He has a personal loan payment to family that loaned him money for repairs and cannot keep up with the cost. 

A Hunch2020-01-25T20:08:15Z

Favorite Answer

SSI doesn't matter where you live
It depends on how much assets he has.

If after selling his house, he ends up with more than $2K in assets, he is not going to remain on SSI. 

KISS MY GRITS2020-01-26T19:31:53Z

if you have the money

babyboomer10012020-01-26T05:00:08Z

If he can afford it, why not?

Anonymous2020-01-25T20:03:48Z

Go to SSA.gov and do some research

Anonymous2020-01-25T19:36:39Z

SSI limits the amount of assets you can have.
* On roughly $800.00 a month how can he possibly afford to maintain a houseboat ?