Mike MilliganFounder and CEO, 1.oak Financial · Founder and CEO, 1.oak Financial

The 14-Day Tax Secret: How to Rent Your Home to Your Own Business

12 May 2026 · 1 min

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In this brief video, Mike Milligan explains a tax‑saving strategy that allows business owners to rent their personal residence to their own company for up to 14 days per year without incurring taxable income. He illustrates the concept with a hypothetical scenario involving a person named Tony: instead of holding a business meeting at a country club or restaurant, the meeting can be held at the owner's home. By identifying a comparable commercial space that rents for $250 per hour and scheduling an eight‑hour meeting (including an hour before and after), the business can record $2,000 of tax‑free rental income for a single day. This can be repeated up to 14 times annually, providing a potentially significant, tax‑free revenue stream for small‑business owners.

Chapters

If you own a business, you can rent your home out 14 days a year for tax-free income. So like, uh, Tony, if you had a business, uh, and you have a couple of employees and you wanted to have a, a business growth meeting or a business consulting meeting or an annual meeting, as opposed to going over to the country club or going out to the Golden Corral or the Cracker Barrel or wherever you're gonna go to, to, to, to have a meeting, have it at your home. You have it in your home and you find a comparable space in your community. And if that space rents for $250 an hour and you have a 6-hour meeting, you could take an hour before, an hour after the meeting, 8 hours, $250 an hour, $2,000 from your business tax-free. That's one day. You could do that 14 times a year.