<prompt> Human: My girlfriend just sold her condo. Here are the rough numbers: bought for 159K in 2010, sold for 235K a few months ago, after everything was over she got a check for 79K.Im getting very conflicting answers to whether it gets taxed or not. Some people say that it wont if you put toward buying another house within a year, some people say that its not taxed unless the profit is above 250K. Were going to an accountant soon, but I just wanted to check with all of you.Thanks in advance!  <response>: Theres a 250k exclusion for most sellers. 