Personal Taxes

Investment to Primary

Hello, I currently own my primary residence in Texas but we are planning to move to California in June. We are planning to buy the home in California before we move there by using an investment mortgage and then sell our home in Texas before moving there in June. Once we move to the California property we will probably want to refinance it as a primary residence. What are the tax implications that I may run into when I file taxes in 2025?

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