Homeowners who sell their primary residence must pay taxes on profits exceeding $250,000 (or $500,000 for married couples).

I also pay my mortgage for the house I live in.

Pulling $110K in equity from a property you originally bought for $108K is a huge win—and a perfect example of why long-term investing pays off.Your reflection on remembering where it all started is so important.

Quote from @Shawn Questa: Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure. 

Hi ALL,Can anyone recommend a easy to use property management tool that we can use, so far, we have 4 rentals and growing, We will like to have better control of the information and have a easy system for tenants to pay rent.As always, thank you for your input!!

I would focus on the house hack and not take a pay cut.

Also, don't forget that, if you pay taxes, it means you're making a profit.2.

The interest rate isn't that huge of a difference between the 15 and 30 so worst case scenario if you have the 30 year option is you start paying it down on a 15 year timeline - sure you'll pay a little more in interest over the 15 years, but it will have been worth it if you bought another house.

They just pay the invoices.

To pay for this, I used a heloc on my current home.