2 out of 5 year rile

[Dennis Guinto]

Good evening,

So I have a question about this rule. I am looking into selling my house. I bought it in February 2017 and lived in it until February 2019 (2 years). I rented it out since mid February 2019 to this day. Now in order to get the tax exclusion I have to sell the house no later than February 2022. Selling it after February (i.e. June 2022) will prevent me from getting the tax excluding, correct? Thanks in advance!