ilmscore | Prediction Details
"if you are a sole proprietor or a business owner you can rent out your home to your own business for 14 days or less this is called the minimal rental use rule with the irs and this is completely separate from the home office deduction by utilizing the minimal rental use rule you'll get a deduction for your business and it will be tax-free income to you personally"
By ClearValue Tax | November 29, 2020 | Pending
From video
9 Tax Hacks To Maximize Your Refund! 00:06:31 - 00:06:57
Interpreted Prediction
Sole proprietors or business owners can rent their home to their own business for 14 days or less per year, under the IRS's minimal rental use rule, to receive a business deduction and tax-free personal income.

Prediction Details

Topic
Minimal Rental Use Rule

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