The most Augusta tax rule ever written.
Rent your personal residence for 14 or fewer days a year and federal law excludes the income from your taxable income entirely. No schedule, no depreciation, no tax. It's called the Augusta Rule because of exactly what you're thinking of doing: tournament week is 7 nights — half the allowance.
Stay under fifteen rental days across the whole year and the exclusion applies.
The rent must be reasonable for what and when you're renting. Masters week rates are well documented — we price you inside the market's own published bands.
Keep the agreement, the payment record, and the rate justification. Par 3 generates all three for every booking.
This page is an estimate and an explanation, not tax advice — your CPA gets the final word, and the documentation we hand you makes that conversation a short one.