14 Days. Zero Tax. How the Augusta Rule Works in Park City

What if your Park City home could pay you thousands of dollars — completely tax-free — in just two weeks? Not through Airbnb. Through a rule in the tax code most homeowners have never heard of: the Augusta Rule.

Yes, it's named after the Masters. In the 1970s, Augusta residents lobbied for a tax exemption on income from renting their homes to tournament attendees. Congress carved out the exception in the Tax Reform Act of 1976: rent your home fewer than 15 days a year, and that income is excluded from gross income entirely. Zero tax.

Most people hear that and think, fine — a couple thousand bucks. But this is Park City. We're not talking about random weekends; we're talking about some of the most in-demand weeks in the country: Christmas, New Year's, Sundance (and now Snow League), and peak ski season. During those weeks I've seen homes rent for $10K to well over $100K per week depending on the property. Do the math: two weeks of rentals during peak season can realistically generate anywhere from $10K to $200K+ — and under this rule, structured correctly, that income can be completely tax-free.

For Park City buyers — especially second-home buyers and business owners — this changes how you look at the numbers. Most people evaluate a purchase here on lifestyle, rental income, and long-term appreciation. Stacking a strategy like this on top is what I mean when I say you're not just buying a home in Park City — you're buying a tool: a lifestyle asset that works for you financially in multiple ways.

Quick and important disclaimer: I'm not a CPA or licensed tax professional, and this is education, not personal tax advice. Talk to your accountant before doing anything like this. But if you own here — or you're thinking about it — this is a strategy you at least want to understand. Full breakdown in the video above.

Thinking about buying, selling, or investing in Park City? Reach out anytime — call or text (801) 837-4445.