Can I Use the Augusta Rule on More Than One Property?
Question: Can I Use the Augusta Rule on More Than One Property?
Answer: The “Augusta Rule” is a tax deduction for business owners. The rule (Section 280A) allows homeowners to lease their homes for up to 14 days per year, the income of which is tax-free. The Augusta Rule applies to the homeowner’s primary, secondary, and vacation homes. If you have two separate businesses, you are generally allowed to apply the Augusta Rule across multiple owned properties.
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