Section 17-663-70 - Special income considerations(a) Income derived from rental property shall be considered earned income for the twenty per cent earned income deduction only if a member of the household is actively engaged in managing the property for at least an average of twenty hours per week. The cost of doing business shall be deducted from income from rental property. If the twenty hours per week criterion is not met, the net income shall be considered unearned.(b) The proceeds from the sale of capital goods or equipment shall be calculated in the same manner as a capital gain for federal income tax purposes. Even if only fifty per cent of the proceeds from the sale of capital goods or equipment are taxed for federal income tax purposes, the branch shall count the full amount of the capital gain as income.[Eff 3/19/93; am and comp 11/19/05; am and comp OCT 07 2010] (Auth: HRS § 346-14) (Imp: 7 C.F.R. §§273.9(b)(1), 273.11(a)(3) )