💸Tax-Free Income From Renting Out Your Home! #shorts

With the Augusta rule, you’re able to rent out your home for 14 days out of the year, tax-free!

👨🏻‍💻 One of the best ways to take advantage of this rule is to rent out your home to your own business for important meetings and retreats.

📈 By renting it out to yourself, your company gets a tax deduction for paying the rent, but the net proceeds will be tax-free because of the Augusta rule!

💰 Just make sure you don’t rent out your home for more than 15 days out of the year.

What are your thoughts of the Augusta rule?

Disclaimer: Not financial advice. Any investment commentary is my opinion only.

#taxfree #realestate #realestateinvesting

[XxEntaroAdunxX]

Yep. Not a tax loophole, but its purposely built there. Unfortunately the 15 day rule usually doesn’t fit the situation of most real estate investments. And the rent must be reasonable and the business must be incorporated.

[esegall]

Real estate is the best form of tax evasion

[MossHeadGang]

bro i love that you make these videos! they are so helpful! But do you mind going a bit slow? its not that im too slow to understand, its just that whenever you explain x and y i try thinking about it and what it means and then the video is over -_- im not saying you have to but it will mean a lot if you slow down. :D

[liammacaodha]

This is actually the first accurate video from this chancer

[thepersonwiththemask]

Is it called the Augusta rule because of masters?

[crazieeez]

The IRS be like 😢😢😢 Congress be like 😮😮😮

[Hi-urnk]

Umm could u pls explain this is to me in simple words plss

[tal]

Ever since you opened your channel the IRS loses more and more money

[leahjackiepeah]

From that time Jesus began to preach and say, “Repent [change your inner self—your old way of thinking, regret past sins, live your life in a way that proves repentance; seek God’s purpose for your life], for the kingdom of heaven is at hand.”

Jesus taught, “When you pray, do not be like the hypocrites, for they love to pray standing in the synagogues and on the street corners to be seen by men … but when you pray, go into your room, close the door and pray to your father who is unseen.”(Matthew 6:5-8)

Jesus Teaches About Fasting
16 “When you fast, don’t make yourselves look sad like the hypocrites. They put a look of suffering on their faces so that people will see they are fasting. The truth is, that’s all the reward they will get. 17 So when you fast, wash your face and make yourself look nice. 18 Then no one will know you are fasting, except your Father, who is with you even in private. He can see what is done in private, and he will reward you. Matthew 6:16-18

Peter replied, “Repent and be baptized, every one of you, in the name of Jesus Christ for the forgiveness of your sins. And you will receive the gift of the Holy Spirit.
Acts 2:38
Love