The Augusta Rule Tax Strategy Can Benefit You

The Augusta Rule tax strategy is one of the lesser-known yet powerful ways to save money legally on taxes. Inspired by homeowners in Augusta, Georgia who rented out their homes during the famous golf tournament, this strategy allows property owners to earn rental income without paying federal tax. The IRS Augusta Rule 14 days provision makes this possible by letting you rent your personal residence for up to two weeks each year without reporting that income on your tax return.