If I owner finance a house can the buyer claim it as a homestead and also use the tax deductions?
Yes if you give them a deed they will be the owner no matter how it is financed. I have even had contract for deed buyers get the exemption for the house they are buying on a contract for deed. Check with the tax office to see when it goes into effect and what form they have to file. I believe they come out in May for the next year
Good luck and thank you,
Ted P. Stokely Jr
11505 Sw Oaks
Austin, Texas 78737