The Augusta Rule 280A Explained
The Augusta Rule found in section 280A of the tax code is an often cited, very often misunderstood tax opportunity for business owners. The rule enables business owners to rent their home back to their business for up to 14 days each year tax free, but requires legitimate business use and proper documentation. This video explains the history and relevant details.
00:00 Introduction to the Augusta Rule 280A
00:30 History of Augusta Rule 280A
01:32 What is the August Rule 280A?
02:15 How Businesses Benefit From the Augusta Rule
The Augusta Rule 280a Explained
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