We have recently sold our business and permanent home in Michigan. We now plan on spending more time in Texas than in Michigan (with a few months of RVing Travel in between). It has occurred to us that we should move our permanent residency to Texas. We own a Condo there so have an address we can use. We were thinking it might be better because there is no State Income Tax in Texas and if we stay in the Condo over time could sell it without capital gain taxes.
But we are from Michigan and have never relocated anywhere before. Are there cons to this thought we don't see?
Has anyone done this? Or have input to this idea?
Thank you!