I will try to make this as short as possible. We currently own a house in a small town in East TX. The wife has stayed there for the last 3.5 years while I have been spending most of my time in an rv living and working in the West TX oil fields. Well the time has come to sell the house and move her out to West TX with me. We have decided that because of the oil field and the nature of the housing market it creates, it will be better for us to purchase a large toy hauler to live in long term. We are still about 10 years from retirement so we won't be traveling and moving around like a typical full timer. My current rv actually hasn't move in 2 years.
I have been recieving mail at a p.o. box at the local Post Office in West Texas. I have tried to research what pitfalls may be out there for us as we make this change. But as the available info mostly deals with changing everything from state to state for domecile purposes and the challenges that are faced with really being on the move. It all gets real wonky for me to try and apply to my own situation. I was hoping that someone here has dealt with a similar situation and point me in the right direction or highlight the possible hazards. Any advice is greatly appreciated.
The biggest issue I see is you are going from a house to an RV. You will not accrue home appreciation equity in an RV as they are typically a decreasing value item. But, if you have that figured into your long range financial plans and don't plan to stay long in the new place where purchasing a home would not be that good of an option it should work for you.
