p_s_92
New Member

Deductions & credits

Thanks, there are some changes going on at my workplace. I may be asked to move to another town (possibly in another state) where we have an office, but that is not 100% sure.

My boss told me to go ahead with house purchase since he is not 100% sure if I will be asked to move to another town or not. He feels if I am not asked to move, I can get a house where I am getting equity with each mortgage payment instead of renting.

A. If I buy a house then asked to move out of town for work reasons without being able to live in the house I bought, make mortgage payments for 6 months, then decide to sell the house, what are the tax matters I need to be aware of?