> And no, you typically don't pay capital gains taxes against your primary residence. A married couple can exclude 500K from taxes, but the rest (given example

> And no, you typically don't pay capital gains taxes against your primary residence. A married couple can exclude 500K from taxes, but the rest (given example above) is taxable. > In any case, the point is that you're in a way better place than if you hadn't made that 200K purchase. For sure. Owning is better than renting.