One county in Metro Atlanta will use a special rule to help homeowners get an extra boost of income during the upcoming World Cup.
Fayette County wants local homeowners to take advantage of the influx of visitors to Atlanta as the city hosts the FIFA World Cup next summer. With hotels and other short-term rentals expected to sell out as millions watch the games, Fayette County homeowners can also get into the accommodation game.
Homeowners can list their own residences as available lodging options and get a tax break for doing so. Through a federal tax code called “Master’s Rule,” homeowners can rent their homes for up to 14 nights a year without paying any state or federal taxes on the income made…