Thank you for your response. The monies would not be claimed as a gift. The taxes and insurance are paid separately and I will be occupying the home for more than 14 days per year. My son and DIL would pay the taxes and insurance. The purpose is to make it easier for them to renovate the home and increases the value, as they're planning on moving out of the state in about 5 years. I will double check this with my accountant. Thanks again.
