Renting Your Home Fewer Than 15 Days — IRC Section 280A(g) (the "Augusta Rule")
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**Summary:** If a dwelling unit is used as a residence and rented out for fewer than 15 days during the tax year, the rental income is excluded from gross income entirely and no rental-expense deductions are allowed — IRC sec. 280A(g). This is the provision popularly called the "Augusta rule" or "Masters exemption." Applies to tax years 2025 and 2026 (rule unchanged by P.L. 119-21).
- The property must be a dwelling unit the taxpayer uses as a residence during the year.
- Rented (actually rented, not merely listed) for **fewer than 15 days** in the year: the rent received is **not reported as income**, and rental deductions are **not allowed**. IRS Pub. 527 states the rule as "used as a home and rented fewer than 15 days."
- Mortgage interest and property taxes remain deductible under the normal itemized-deduction rules — the exclusion does not affect them.
- At 15 or more rental days, the exclusion is gone: **all** rental income is reportable and the vacation-home expense-allocation rules of sec. 280A apply instead.
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