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Updated over 8 years ago on . Most recent reply

User Stats

649
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52
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Steve S.
  • Dallas, TX
52
Votes |
649
Posts

Buying a house / investment as a homestead?

Steve S.
  • Dallas, TX
Posted

i'm looking at a property that could be a homestead.

My job may afford an opportunity for me to move into it and that is my intent upon purchasing it.  However, if things change and I am relocated in the near future, how does that affect the homestead distinction if I rent it out?  I'd prefer not to buy it and then have to sell it very quickly so would like to better understand the way it works as a homestead that later becomes a rental should i be put in that situation.

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