“Augusta Rule”

Rent out your Home or Cabin Tax Free

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Under IRC §280A(g), if a personal residence is rented less than 15 days per year, the rental income is tax-free.

• No need to report the income on your return.
• No loss allowed if there’s a net rental loss.

Rent out to another Individual

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Rent your home to someone for a short-term private event such as:

• Personal or Social Events
• Filming & Photography
• Event overflow (State Fair Parking)
• Retreats or Workshops
• Temporary Housing

S-Corps, Partnerships, and C-Corporations

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Rent your home to your business. This can only be done if your business is a S-Corp, Partnership, or a C-Corporation filing a separate tax return for your business. If you are a schedule-c filer please see the Business use of home Strategy.