Homestead property is not a bar to receiving Medicaid. However, the State may file a lien on the property, payable when it is sold or otherwise transferred.
Contact a medicaid office in your state of residence.
Medicaid is always the payor of last resort.
primary colors primary election primary source of income primary residence or primary place of residence primary function primary caregiver
Yes, Medicare is primary. Medicaid is always the payor of last resort.
No, you cannot deduct depreciation on your primary residence for tax purposes.
No, Not at all....
If you live there, of course. If you do not live there, then it is not you 'primary residence'.
They are independent properties and there should be no effect on taxes on the primary residence as long as it continues to meet the requirements for a primary residence.
Contact your Medicaid agency and/or your county's medical society.
Medicaid will pay the copay only if the amount of the copay added to whatever the primary insurance paid is less than or equal to what Medicaid would allow for that charge to begin with. Like charge of $50 for a visit, and the copay is $10 and the primary insurance paid $3 and Medicaid allows $15 for that particular code. Then Medicaid would pay $12.00 of it. This is highly unlikely, though.
Yes. The designation as primary residence is irrelevant to the number of mortgages.
No, a 1031 exchange can only be used for investment or business properties, not for a primary residence.