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What is the 14 day rule?

  • Writer: Harrison Greenberg
    Harrison Greenberg
  • Jul 7, 2021
  • 1 min read

Affectionately dubbed "The Augusta rule," for locals in Augusta Georgia who rented out their homes for the week that golf's annual Masters Tournament is played. IRS rental rules say that if your home is rented for 14 days or less, you can't claim any tax deductions for operating expenses during the rental period but the good news is that none of the rental income is subject to tax!

 
 
 

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