Section 280a

Section 280a g 2 goes on to specify that the rental income you personally earn is tax free if you rent your home to your business for less than 15 days during the taxable year.

Section 280a. Section 280a of the internal revenue code allows up to 14 days of the rental of a dwelling unit without having to report the income from that rental. If you have active businesses or invest in real estate with a corporation you should know about this deduction. For purposes of this section a taxpayer uses a dwelling unit during the taxable year as a residence if he uses such unit or portion thereof for personal purposes for a number of days which exceeds the greater of a 14 days or b 10 percent of the number of days during such year for which such unit is rented at a fair rental.

Vacation home and rental property internal revenue code section 280a 280a governs the rental of a vacation home or dwelling unit collectively unit.