I am in need of help .Ri Housing is literally trying to steal my home of 40 years .I have tried to settle this on my own but to no avail .

In addition, when subtracting the “mortgage” does that variable literally only mean the mortgage payment, or should we also include the utilities, interest on the loan and property taxes?

You sell for 200K you would owe Capitol Gains on 75K (if you owned for longer than 1 year)  This is a simple explanation. 

This is just a simple overview.

Maybe check out The Simple Path to Wealth by JL Collins.   

The agent should be investor-literate and if they only want to sell residential dream homes keep looking. 

@Jayden Hamilton simple ( not easy but simple ) find deals, show them to an investor, you will earn a fee.

Back then, which was only 10 years ago, prices had "dropped to lows not seen in a generation" and literally appraisers were having difficulty even identifying "the market." 

And 36 Other Key Financial Measures, Updated EditionZeckendorf: The autobiograpy of the man who played a real-life game of Monopoly and won the largest real estate empire in history.Landlording/Managing PropertyAsset Protection for Real Estate InvestorsBuy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made SimpleEvery Landlord's Guide to Managing Property: Best Practices, From Move-In to Move-OutEvery Landlord's Legal GuideLandlording on AutoPilot: A Simple, No-Brainer System for Higher Profits, Less Work and More Fun (Do It All from Your Smartphone or Tablet!)

Hey Wave,The simple answer is no.