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Since your arrangement to work out of state is indefinite, you would not be able to deduct the travel expenses or your living expenses while away from home. Here is a link to an article from the IRS on business travel expenses. http://www.irs.gov/taxtopics/tc511.html
However, you are able to deduct the mortgage interest and property taxes on the second home of Schedule A of your tax return if you are able to itemize deductions. For 2011, a couple married filing a joint return can itemize if there total deductions exceed the standard deduction of $11,600. Other itemized deductions would include state income taxes, mortage interest and taxes on your first home, charitable deductions, and medical expenses in excess of 7.5% of your adjusted gross income.
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Any follow-up questions?
I need to study the IRS info in the link you sent me to see if I believe that I am elligible for travel expense deductions. I already deduct the mortgage interest and taxes for my second home. I will get back to you. Thank you.