Get Rich Education is brought to you by Ridge Lending Group, apartment investor mastery, and producers' wealth. You're listening to the show that has created more passive income for people than nearly any show in the world. This is the powerful Get Rich Education. The President get rich education Hey you're inside

Hey you're inside gree episode 186 from Auckland New Oakland, California, and across 188 nations worldwide,

this is Get Rich Education.

I'm Keith Weinhold.

Rich Dad Tax Advisor, Tom Weirite is back with us today, and I think you're going to find

it to be the best chat Tom and I have ever had, and perhaps even the most valuable learning

you've even had from Tom here. But first, here's a specific little-known way to build your wealth

with income property and taxes. And now this is a really interesting thing for real estate investors.

It's called the Masters rule.

Now, a few weeks ago, the Masters Golf Tournament in Augusta, Georgia wrapped up. And the name of this tax rule that's very favorable for you came about from residents of

Augusta, Georgia, running out their homes to Masters Tournament Spectators and even running

them out to the pro golfers themselves sometimes. In fact, I have a close friend that lives near

Tacoma, Washington, and he and his family afore take advantage of the Masters Law almost

annually with a major golf tournament near their home there. They rent out their home for $3,000 to $5,000 per week

for up to two weeks to golf tournament players or spectators. And then during that week,

they go off to vacation in Maui. They see it as the golfers basically paid for their great

family vacation. And here's the tax angle on this.

The whole thing is a 100% tax-free event. Okay. So the IRS says what you can do is rent your home

or your second home tax-free for up to 14 days per year.

And that works perhaps nowhere else better than with the Augusta houses that Masters

participants or fans want to stay in during the Masters tournament.

Those houses really rent for big bucks.

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