Capital Gains Tax Exclusion?

[Joel Gaytan]

Hello everyone,

I'm trying to find out if we qualify for the Section 121 Capital gains exclusion, so I hope someone can shed some light on this matter.

We have a single family home which used to be our primary residence from May 2010 until Jan 2015. From then, we have rented the property, so it's been four years now since we converted the property into a rental.

I understand the rule for the capital gains exclusion is that we would have to live 2 of the last 5 years in the house which would disqualify us, but someone told us that we may get a partial exemption in our situation. Would this be correct?