08/04/2026
Did you know the IRS allows homeowners to collect up to 14 days of rental income on their primary residence completely tax-free?
Under IRS Section 280A, known as the Augusta Rule, business owners can rent their home to their own business for planning sessions, executive meetings, or company events. Your business receives a legitimate tax deduction, and you receive tax-free income.
I sat down with James Thomasson at Accelerated Accounting to discuss how entrepreneurs can use smart property ownership strategies. James is known throughout our community as a trusted advisor who helps local business owners legally protect and maximize their income.
Comment "RULES" below or reach out directly to learn how to apply this strategy to your business.
Contact Information:
Annette Barnett, Realtor
IXL Real Estate
Office: 907 Hillcrest Road, Mobile, AL
Direct Phone: (251) 272-9776
James Thomasson, Owner & Tax Specialist
Accelerated Accounting LLC
Mobile Office: 6161 Three Notch Rd, Mobile, AL 36619 | Phone: (251) 666-5551
Saraland Office: 410 Hwy 43 S, Saraland, AL 36571 | Phone: (251) 675-5551
Pensacola Office: 5725 N. Palafox St, Pensacola, FL 32503 | Phone: (850) 944-8500
Disclaimer: This video and caption are for educational and informational purposes only and do not constitute formal tax, legal, financial, or real estate advice. Tax laws are subject to change and depend on individual financial situations. Always consult with a licensed accountant, tax professional, CPA, attorney, or financial advisor regarding your specific situation before taking action.