As to the tax thing. Since my wife and I will still be paying part of the mortgage and since we (daughter, wife, and I) transfer funds into a joint checking account and the bank removes the mortgage from that account it can be easily verified. The daughter cannot refinance for six months and has no plans to refinance for several more years. So it appears we will not be hit with the tax by either the Feds or the state.
The plan is to stay healthy for the next several years and to use the VA for my primary health then make the decision what to do when the construction company can afford health care for all the principals.
This is the best plan we have for protecting our daughter, grandkids, and the farm.
