Rent a Primary Residence or Invest in a Condo?

There's nothing wrong with being a rental landlord. Just know it's not passive, and you just need to be prepared. But don't walk away without understanding that tax free gain that comes from your primary residence. There's 250 thousand dollars of capital gains that will be excluded from taxation if you live in the same house for two years. If you're married couple, it's 500 thousands. And by checking out some type of hack box too figure out what kind of property is available on the open market at cost? You can look into moving into graing houses every two years because they happen to have skill set to build them.