Dealing with a leaking toilet is definitely one of those annoying household issues that you shouldn’t ignore for too long, as even a slow leak can lead to mold or rot. In most cases, if you see water at the base, it’s either condensation, a loose supply line, or indeed a failing wax ring that no longer creates a proper seal. However, leaks can also originate from the tank-to-bowl gasket or even a tiny hairline crack that’s hard to spot at first glance. Before you start taking everything apart and making a mess, I’d suggest reading through a great breakdown of the most common causes and potential DIY solutions. You can find a very helpful troubleshooting guide here that explains how to identify the exact spot where the water is coming from and what steps to take for the repair. It might save you a lot of money if it turns out to be a simple fix!