27 questions found
The Augusta Rule, formally known as Internal Revenue Code Section 280A(g), allows homeowners to rent their primary residence for up to 14 days per calendar year without reporting the rental income on their personal tax returns.
When combined with business ownership, this creates a powerful tax strategy: your business deducts the rental expense as an ordinary business expense, while you receive tax-free income as the homeowner. This legitimate wealth transfer can save thousands of dollars annually when properly documented.