There are several synonyms for the phrase "taking advantage of," which refers to using a situation or person for personal benefit. One synonym is exploiting, which implies the use of something or someone for selfish gain. Another synonym is manipulating, which suggests the use of cunning and deception to achieve one's goals. The phrase "milking the situation" is also similar, as it refers to excessive or opportunistic use of a situation. Other synonyms include leveraging, capitalizing on, and profiting from. Regardless of the synonym used, taking advantage of someone or something for selfish gain is generally considered unethical and can lead to negative consequences in personal and professional relationships.