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Do I qualify for the exclusion for selling my house?

  • Thread starter Thread starter /u/Important_Walk_7609
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/u/Important_Walk_7609

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My husband and I are selling our home. We bought it back in 2019 for 247k. In 2022 we did a cash out refinance. We are now selling to an investor as is since we are doing a quick move out of state. We are selling for 320k and still owe 290k so we’ll be making 30k. Does our cash out refinance a few years ago affect qualifying for the exclusion? We don’t know anything about selling houses since this was the first house we purchased

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Do I qualify for the exclusion for selling my house?
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