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Updated almost 8 years ago,
Buying a house / investment as a homestead?
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.