Small Business Tax Savings Podcast | Jetro And Associates
Rent Your Home to Your Business Tax-Free | Augusta Rule 101
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:14:00
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Sinopsis
Send us a textIf you’ve ever wanted to move money from your business to yourself without paying extra tax, this episode is for you.In this episode, you’ll learn how the Augusta Rule, also called the 14-Day Home Rental Rule, lets business owners rent their personal homes to their own business and receive that income completely tax-free. You’ll also learn exactly how to document it, what proof the IRS expects, and the common mistakes that can get this strategy disallowed.