Your Augusta Rule Tax Professional Review Packet

Owner: [not provided]
Business: [not provided] ([not provided])
Property: [not provided], [not provided], [not provided]
Tax year: [not provided]
Total planned rental days: 0 (fewer than 15).
Business purpose: [not provided]
Home used as a personal residence: yes (per owner)
WHY THIS MATTERS FOR YOU
The Augusta Rule (IRC §280A(g)) lets you rent your personal residence to your business for up to 14 days a year, and that rental income is excluded from your personal taxable income. Done well, this is one of the cleanest, most defensible tax strategies available to a business owner — but the documentation has to look like a real arm's-length rental between two parties, not a paper exercise. That's exactly what this packet is built to help you create.
PERSONAL USE & RESIDENCE STATUS (IRC §280A(d)(1))
Your home qualifies as a residence as long as your personal use during the year is more than the greater of (a) 14 days, or (b) 10% of the days the home is rented at fair value. For most homeowners renting only a handful of business days, this is easily met. "Personal use" includes you, your spouse, siblings, parents, children, and anyone using the home under a swap arrangement or below fair value.
MULTIPLE RESIDENCES
You can apply the Augusta Rule to more than one home you use as a residence, but the 14-day cap is per property, not per person. If you and a spouse jointly own a home, you share one combined 14-day limit on that property — no matter how many businesses you each run.
Review this packet with your tax professional before relying on it for tax filing. This document organizes your facts; it does not determine eligibility.

No rental dates entered yet.

AT A GLANCE
BUSINESS
[not provided]
HOMEOWNER
[not provided]
PROPERTY
[not provided], [not provided], [not provided]
TAX YEAR
[not provided]
RENTAL PURPOSE
[not provided]
ATTENDEES
[not provided]
WHO WAS PRESENT
the attendees listed above
ACTIVITIES
[not provided]
AREAS OF HOME USED
[not provided]
EXPECTED OUTCOME
[not provided]
WHY THIS USE IS JUSTIFIED
WHAT HAPPENED
On the rental dates documented in this packet, [not provided] rented a portion of the private residence at [not provided] from [not provided] for the purpose of [not provided].
WHY THIS HOME WAS THE RIGHT SETTING
The home was selected because it offered the private, controlled, and appropriately appointed environment this work required — specifically, [not provided] — which gave the attendees listed above the space needed to engage in [not provided] without the distractions, scheduling limits, or overhead of a commercial venue.
BUSINESS OUTCOME EXPECTED
The business expected this use of the residence to support a clear and measurable outcome: [not provided]. Conducting this work in a setting suited to the size of the group and the nature of the activities was a reasonable and ordinary decision for [not provided], and renting the homeowner's residence — at a fair, comparable rental rate — was a sensible way to secure that space for the time it was needed.

AGENDA WORKSHEET — [not provided]
Use this worksheet to plan or capture your agenda. Fill it in before or during the event and keep it with the rest of your packet.
Date(s): ______________________________
Location: [not provided], [not provided], [not provided]
Start time: ____________   End time: ____________
SCHEDULE
_______ : _______   ____________________________________________
_______ : _______   ____________________________________________
_______ : _______   ____________________________________________
_______ : _______   ____________________________________________
_______ : _______   ____________________________________________
_______ : _______   ____________________________________________
_______ : _______   ____________________________________________
KEY TOPICS
- _______________________________________________
- _______________________________________________
- _______________________________________________

No comparable rentals entered yet.

PROPOSED RATE
Amount: [not provided] ([not provided])
For Tax Professional review only — this tool does not calculate, recommend, certify, approve, or guarantee a rental rate.
METHOD USED TO ARRIVE AT THIS RATE
[not provided]
NOTE: The proposed rental rate above was entered by the user. This app does not recommend, certify, approve, or guarantee any rate. Any figure shown was either typed in by the user or calculated solely from the comparable rentals the user entered. The rate is subject to tax professional review.
COMPS USED
[not provided]
USER REASONING
[not provided]
DIFFERENCES BETWEEN HOME AND COMPS
[not provided]
ADDITIONAL NOTES FOR TAX PROFESSIONAL
[not provided]
ESTIMATED FEDERAL TAX SAVINGS RANGE
Approximately 15% to 37% of the rental amount, depending on the taxpayer's federal tax bracket and overall tax situation. This is an educational range only, not tax advice.
Review the proposed rate with a qualified tax professional before relying on it.

SHORT-TERM RENTAL AGREEMENT
This Agreement is made on [effective date] between:
HOMEOWNER: [not provided]
Address: [not provided], [not provided], [not provided]
BUSINESS: [not provided]
The Homeowner and the Business agree as follows:
1. PROPERTY. The Homeowner agrees to rent a portion of the private residence located at [not provided], [not provided], [not provided] (the "Property") to the Business on the dates listed below.
2. AREAS RENTED. The Business may use the following areas of the Property: [not provided].
3. RENTAL DATES & HOURS. [rental date(s)]. Use of the Property each day will run from approximately [start time] to [end time].
4. PURPOSE. The Business will use the Property for: [not provided] — including [not provided].
5. RENTAL FEE. The Business will pay the Homeowner a total of $_______________ (RENTAL AMOUNT — MUST BE ENTERED) for the full term of this Agreement. Payment will be made by business check or bank transfer within 30 days of the final rental date.
6. FAIR VALUE. Both parties agree that this rate reflects fair rental value for the Property, based on comparable local rentals researched by the Business.
7. CONDITION. The Business will leave the Property in the same condition it was received, normal wear and tear excepted, and will be responsible for any damage caused during its use.
8. NO OTHER RELATIONSHIP. This Agreement is a short-term rental only. It does not create a partnership, employment relationship, or ongoing tenancy.
9. GOVERNING LAW. This Agreement is governed by the laws of the State of [not provided].
Signed by both parties on the dates shown below.
HOMEOWNER
Signature: ______________________________
Printed name: [not provided]
Date: __________________________________
BUSINESS — [not provided]
Signature: ______________________________
Printed name: __________________________
Title: __________________________________
Date: __________________________________
LEGAL DISCLAIMER
This agreement is provided for informational purposes only and is not legal advice. It is provided solely to document the Augusta Rule tax strategy and should not be used for any other purpose. We are not attorneys — for legal questions, consult an attorney licensed in your state.

INVOICE
Invoice #: AR-YYYY-001
Invoice date: [date]
Due date: Net 30
FROM
[not provided]
[not provided]
[not provided], [not provided]
BILL TO
[not provided]
DESCRIPTION
Short-term rental of private residence at [not provided] for [not provided].
Dates of use: [rental date(s)].
Areas provided: [not provided].
Includes: use of the listed areas, WiFi, seating, parking, and restroom access.
Quantity: 0 rental day(s)
Rate basis: [not provided]
AMOUNT DUE: $_______________ (RENTAL AMOUNT — MUST BE ENTERED)
Payment method: Business check or bank transfer payable to [not provided].
Payment status: Unpaid — mark paid once the business has remitted payment and retain proof with this invoice.
Thank you.

Fill in during or right after the event — contemporaneous notes carry far more weight in an audit than something reconstructed later.
EVENT
Date(s): ______________________
Location: [not provided], [not provided], [not provided]
Time: ________ to ________   Business: [not provided]
Purpose: [not provided]
ATTENDEES
Pre-filled: [not provided]
_________________________________________________________________
TOPICS DISCUSSED
- _______________________________________________________________
- _______________________________________________________________
- _______________________________________________________________
DECISIONS MADE
- _______________________________________________________________
- _______________________________________________________________
ACTION ITEMS (who / by when)
- _______________________________________________________________
- _______________________________________________________________
PREPARED BY
Signature: ______________________________   Date: ______________
Printed name: __________________________   Title: _____________

1. Does my entity type ([not provided]) affect how I should document this?

2. Is my business justification for my rental amount of [not provided] reasonable?

3. Other than the information in this packet, the copies of my comps I printed out, my meeting minutes, and copies of my payment — is there anything else I need to retain in my records?

Work through this checklist to finish your Augusta Rule documentation. Each item is something you (or your tax professional) should be able to point to if anyone ever asks.
COMPLETION CHECKLIST
1. [ ] Confirmed rental dates
2. [ ] Reviewed eligibility
3. [ ] Confirmed fewer than 15 total rental days per property (Current: 0)
4. [ ] Reviewed at least 3 comparable rentals (Current: 0)
5. [ ] Documented business purpose
6. [ ] Created rental agreement between homeowner and business
7. [ ] Issued invoice to the business
8. [ ] Paid the invoice (business to homeowner)
9. [ ] Confirmed entry made in business bookkeeping system
10. [ ] Send 1099 to yourself if you pay yourself over $2,000 annually in total
11. [ ] Retained this documentation packet
WHAT TO PRINT OR SAVE WITH THIS PACKET
- Copies (printed or PDF) of each comparable rental listing you researched
- Proof that the invoice was paid (bank transfer record, cleared check, or accounting export)
- Proof that the payment was entered into your bookkeeping system (ledger screenshot or journal entry)
NOTES
- Best practice: send 1099s to any person or individual you pay over $2,000 per year.
- Your tax professional can account for your Augusta as "other income" offset by an "other deduction," noting that the deduction is the §280A(g) deduction. This tells the IRS that you took the Augusta Rule.
REVIEW WITH A TAX PROFESSIONAL
Share this packet with your tax professional. If you have any questions regarding whether or not this information would withstand an IRS audit, review with your tax professional before relying on it for tax filing.
If you don't have a tax professional — or you'd like a second set of eyes specifically on your Augusta Rule strategy — you can book a review call with Abundantia Advisory at https://athenaaccounting.as.me/augusta. Additional charges may apply.