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SmartAsset on MSNThe Augusta Rule: How to Rent Out Your Home for Tax-Free IncomeThe Augusta rule allows homeowners to rent out their primary residence for up to 14 days per year without paying federal ...
If you’ve owned an asset for a year or longer before selling it, you’ll be taxed at a long-term capital gains rate, which is ...
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FOX 10 Phoenix on MSNPhoenix City Council raises sales tax by .5% to offset revenue losses from the passage of state billsThe Phoenix City Council approved a .5% sales tax increase to offset revenue from state bills that impacted income tax and property rentals.
The tax year runs differently from the normal year. Instead of going from January to December, it always starts on April 6 ...
However, you must make sure that the rental period does not exceed the 14-day limit so you can maintain tax-free status. Story Continues Ways to Use the Augusta Rule for Your Benefit ...
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