🏢 Renting Your Own Home to Your Biz (The Augusta Rule)
Did you know you can rent your home to your business for up to 14 days a year for “business meetings,” and the rental income is tax-free to you personally?👉 Win-Win: Your business gets a 100% deduction for the rent paid, and you pocket the rental income tax-free.
Tip: Make sure the rental is legitimate (business meetings, client appreciation events, etc.). Keep detailed records.
Could you host a team meeting or a client appreciation night at your house?
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Luke Wise
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🏢 Renting Your Own Home to Your Biz (The Augusta Rule)
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