The Augusta Rule: How to Receive Tax-Free Income
What is the Augusta Rule?
The Augusta Rule, known to the IRS as Section 280A,
allows homeowners to rent out their home for up to 14 days per year without
needing to report the rental income on their individual tax return.
Originally created to protect residents of Augusta,
Georgia who would rent out their homes to attendees of the annual Masters golf
tournament, the Augusta Rule applies to any taxpayer who owns a home in the
United States, provided that your home is not your primary Read more [...]