Alexis E. Gallati

Jun 3, 2024 | kevinmd.com | G. Richard Olds |Sheila Nazarian |Sophia Zilber |Alexis E. Gallati

Do you own a home? If so, you have an opportunity to generate tax-free income using the “Augusta Rule.” Named after its original scenario where residents of Augusta, Georgia, rent out their homes during the annual Masters golf tournament, this rule offers a valuable opportunity to earn tax-free income and deductions you don’t have to pay for by renting out your personal residence or vacation home.