Potentially buying a house with my mom in Grandview/Johnson County TX.

she's over 65

We've talked about a few options...I buy it and she rents it.

We both buy it (I finance)...and she 'rents' it.

Is there a benefit in structuring the purchase one way or the other?

Is there a prop tax break if she co-signs being that she's over 65?

I'll have a lot more questions...probably only scratching the surface right now.

Make her the owner for a tax break and frozen at 65.

Jay@AgsReward.com said:

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She would need to own and occupy to claim the over 65 examption on the property taxes, which is substantial. You could be a non occupiying co-borower on the deal assuming she needs the income to qualify. Her credit would be used in this case even if you were providing the majority of the income and/or down payment for the deal.

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Might not be your area…but as a non occupying co-borrower, do I have rights to the home should she die?

You would be on title along with her, so yes.