Relocation Expenses, Purchase of House Under Construction
B-186923
Oct 13, 1976
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Highlights
A transferred IRS employee requested reimbursement for a penalty paid in purchase of a new residence as a result of obtaining a mortgage from a bank other than one the builder had previously contracted with. The builder passed on a one percent penalty to the purchaser. Since this expense results from construction, reimbursement is not allowed. (RS)