Not that it cant or wont, but unlikely.If OP applies for homestead on a new property, then I personally would not lie during the application about receiving the exemption on the existing property.

Quote from @Grant Shipman: Hey BiggerPockets Community,If you’re raising capital for real estate syndications, you need to be aware of SEC regulations—because one wrong move could put you in serious legal trouble.Many new syndicators think they can just start pooling money from investors without following the proper rules.

This 16-acre mixed-use community bridges Downtown Gastonia and the historic Loray Mill District, creating a vibrant live/work/play corridor.⚾ Franklin Yards-Gastonia- A $26M, 5,000-seat multi-purpose sports and entertainment venue, with future plans for residential, retail, and office spaces.🍽 Food Hall-Gastonia-Gaston County’s first food hall is in the works!

Hey everyone,I'm new to the Bigger Pockets community.

Glad to have you as part of this awesome community, Jack! 

Hey @Austin Camden, great to see you join the BiggerPockets community!

.: Hi BP Community!

I live in a community where half the people never lock their doors.

Hi @Roy Hill, welcome to the community!

Hey @Joe Casey as a fellow Iowan, welcome to the BP community!