Under current tax law if it qualified as a personal residence (2 of last 5 years) ... then it doesn't matter what you do with t ... more
Best is if you talk to a mortgage broker and get pre-approved. If not, you at least know where you stand and can work forward to buy something in the future. Good luck!
If you can't find anything you like on the market, please give me a call at 281-468-5815. I work with an investor who buys property to rent out.