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Old 05-13-2014, 09:09 AM
 
Location: Houston, TX
17,029 posts, read 30,919,735 times
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Anyone done this? Is it better to keep residence in Texas or establish a residence in LA like an apartment, or a PO Box?

Since assignment is over a year, I'm debating keeping my dwelling and/or renting it out. Thoughts?
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Old 05-13-2014, 04:19 PM
 
Location: Wonderland
67,650 posts, read 60,894,826 times
Reputation: 101078
We probably need more info about the particulars. Will you be staying basically IN Louisiana all the time, or coming back and forth to Texas? How far away in LA? I mean, you are in Houston - are we talking about just over the state line or seven hours away? Do you have family who live near your home in Texas? Do you own your home in Texas or are you talking about subletting it?

Lots to think about.
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Old 05-13-2014, 09:58 PM
 
Location: Houston, TX
17,029 posts, read 30,919,735 times
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During week in LA, likely Gonzalez area, so about 4 hours away. No family issues, mainly financial, debating subletting or selling my townhome here.
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Old 05-14-2014, 12:45 AM
 
Location: Wonderland
67,650 posts, read 60,894,826 times
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I guess I'd just say that if you plan on moving back to Houston, maybe you shouldn't sell the townhome.
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Old 05-14-2014, 05:04 AM
 
370 posts, read 612,762 times
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Quote:
Originally Posted by Oildog View Post
During week in LA, likely Gonzalez area, so about 4 hours away. No family issues, mainly financial, debating subletting or selling my townhome here.
My friend has been doing this for five years. Is it single standing or attatched? is it payed off? if you plan on visiting weekly or every other week consider selling your home and buying 2 1000sq ft condos in the area. rent one out and keep the other for yourself for when you visit. you don't want to miss out on appreciation in Houston
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