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 place of business.How Does it Work for the Homeowner?

Management fee is typically around 10% of the gross rent.

Here's how I do my due diligence:1) Portfolio matching: (takes 30 seconds per deal)a) Have an educated opinion on where you think we are in the real estate cycles (financial and physical market cycles)b) Then only then pick the strategies, capital stack, and specialized asset subclasses that make sense for that opinion.

This includes transportation costs such as gas, airfare, rental car fees, and lodging expenses while away from home.

I'm looking to take on 1-2 deals per month.

Per your request, this morning I created market updates for Roseville and also Elk Grove.

We are a single family income bringing in almost 100K per year.Any thoughts?

I am thinking I could offer a lease option 10% down, plus 3% option fee, and structure the deal so I am cashflowing $3k positive per month.What would you think of a deal like this?

This is what he wrote to us:“I'd like to dispute the A/C sanitation fee for $500 and would like it refunded.

Most focus on the fees and management rates but the most critical part of any PM agreement is the authorized agency that's created to act on your behalf and there may have been protocols that have to be followed in order to supersede what's in the agency agreement.