Tax Loophole Articles

A Guide to the Augusta Rule (Section 280A) for Renting Your Home to Your Business

Section 280A(g), often called the **Augusta Rule**, can let you exclude rent from income when you rent a home you also use as a residence for **less than 15 days in the tax year**. In a common setup, you rent your home to a separate business entity for a real business event at a supportable fair rate. The entity may treat the payment as a business expense, and you may exclude the rent personally if the requirements are met.