if you sell your asset for less than what you paid for it there's no capital gain, and hence there's no tax. > That's generally not an option if you want to mo

if you sell your asset for less than what you paid for it there's no capital gain, and hence there's no tax. > That's generally not an option if you want to move locally. You don't get to have your cake ( gain money on a sale of appreciated house) and eat it too ( buy at the price before the appreciation )