Primary residence tax exclusion when you sell

[Oliver Martin]

Hi everyone. Just wanted to clarify. If I lived in my primary residence from September 2012- December 2015. And I rent it out from January 2016- December 2017. Do I still qualify for the 250k tax exclusion if I sell it in January 2018? Does it have to be my current primary residence when I sell it to qualify for the tax exclusion? My understanding was you just have to live in your primary residence for 2 out of the last 5 years. You can convert it to rental and as long as you sell it within the 5 year time period you're good. However a financial advisor from a law/tax firm was telling me otherwise. Thanks in advance.