The closing of a sale is no time to begin wondering what to do with the proceeds. A few words to ponder on the subject. Recently enacted legislation allows you tax free profit on the sale of your principal residence as often as every two years. The temptation to "bunny hop" between appreciating homes is great, but caution is advised if you keep borrowing ever increasing sums to finance these purchases. Any financial setback could then result in the loss of your home. The best advice, own the home you live in without a mortgage as soon as possible.
see also Real Estate Investments
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