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TAX CODE CHAPTER 152 TAXES on SALE, RENTAL,  Form

TAX CODE CHAPTER 152 TAXES on SALE, RENTAL, Form

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right tax loophole number one the augusta strategy section 280 a of the internal revenue code allows you to rent your home to your business and receive a tax deduction forward now here's the kicker the money you personally receive from your business is excluded from your personal income when you file your tax return for example let's say you and your partners need to get away from the office to create your business plan for the upcoming year so you decide to host a full day retreat at your home to use the full day to strategize for your business well with the augusta strategy you can charge your business a flat fee to rent your residence for the entire day and then when your business pays you it is not taxable to you at all you can claim the business expense as a tax deduction and exclude the amount from your personal and

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