If you like tax free income, this is for you.....
14 Day Rule
The 14 day rule also known as the Augusta rule says that if you rent your home out for 14 days or less during the year, the rental income is tax free to you.
Any amount you make is non taxable.
You can rent it out on Airbnb, VRBO, a written rental contract, an oral rental contract, to your friend, neighbor, family member, etc.
The only catch.....expenses you incur to rent the property out are not tax deductible.
28 Day Rule
Same rules as the 14 day rule, but this is the only time of year that you are able to do this.
If you rent your home out for the last 2 weeks in December and the first 2 weeks in January, that's 28 consecutive days, the rental income you make is tax free. This works because it's the 14 day rule in 2 different years.
This would work great if you're planning a long trip for the holidays. Consider renting your home out for the entire time you're gone to make some side money while you're away on vacation.
Hope this helps. Feel free to reach out if there are questions.