09/23/2026
One tax rule could potentially save business owners $15,000–$25,000+ in taxes. 👀
It’s commonly known as the Augusta Rule — and it allows you to rent your personal residence to your business for up to 14 days per year, under certain requirements.
If a supportable fair-market rental rate is $5,000/day, 14 qualifying rental days could mean a $70,000 business deduction.
Here’s what that could look like depending on your federal tax bracket:
22% → $15,400
24% → $16,800
32% → $22,400
35% → $24,500
37% → $25,900
The key: your rental rate needs to be reasonable and supported by comparable rates in your area — you can’t just pick a number.
You can research comparable event-space rental rates in your area on Tagvenue.
There are tax strategies business owners may be missing simply because no one has shown them what’s available.
Talk to your tax professional — or better yet, let Michelet Financial handle it for you. 😉
📞 Call us at 225-396-5511 to get started.
Tax strategies are fact-specific and eligibility requirements apply.
