Ashish AcharyaPoster
#1 Tax, SDIRAs & Cost Segregation Contributor
Tax & Financial Services
Pro Member
- CPA, CFP®, PFS
- FL
- 3,669
- Votes |
- 5,237
- Posts
Did you know about the Augusta Rule (IRC §280A(g))?
The Augusta Rule (Section 280A of the IRS Code) lets you rent out your personal residence for up to 14 days a year without having to report that rental income on your taxes. That means tax-free money.
For business owners, this can be even more strategic:
• Rent your home to your business for meetings or events
• Deduct the rental expense from the business
• Receive the income personally—without paying taxes on it
Key compliance notes:
• Limited to 14 rental days per year
• Must charge fair market rent for the space
This is a powerful, legal strategy to reduce business taxes and build personal wealth—especially when documented properly.
- Ashish Acharya
- [email protected]
- 941-914-7779
INVESTOR FRIENDLY CPA®
242 Reviews
5.0 stars
TaxMD™ | AI-Powered Tax Planning
Offering