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Ever hear someone tell you they bought their house for peanuts and sold it for a small fortune? If it sounds too good to be true, sometimes it is. Many people conveniently forget to factor in real estate agent fees, mortgage interest, maintenance, property taxes, and more. The actual gains are quite a bit lower than many people think.

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Welcome to The Globe and Mail’s comment community. This is a space where subscribers can engage with each other and Globe staff. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Click here to subscribe.

If you would like to write a letter to the editor, please forward it to letters@globeandmail.com. Readers can also interact with The Globe on Facebook and Twitter .

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