satoshipacioli on Nostr: Business owners: Are you missing out on this tax-saving opportunity? 🏠💼 The ...
Business owners: Are you missing out on this tax-saving opportunity? 🏠💼
The Augusta Rule lets you rent your home to your business for up to 14 days a year, tax-free. Your business deducts the expense, and you pocket the income without paying taxes on it.
Example: Rent your home for $1,000/day x 14 days = $14,000 tax-free income while reducing your business taxes.
This works for meetings, events, or trainings—but you must document everything and use a fair market rate.
Don’t leave money on the table. Let’s talk about how to make this work for you!
The Augusta Rule lets you rent your home to your business for up to 14 days a year, tax-free. Your business deducts the expense, and you pocket the income without paying taxes on it.
Example: Rent your home for $1,000/day x 14 days = $14,000 tax-free income while reducing your business taxes.
This works for meetings, events, or trainings—but you must document everything and use a fair market rate.
Don’t leave money on the table. Let’s talk about how to make this work for you!