As Massachusetts prepares for a summer unlike any other in 2026, Norwood residents may be considering it a good opportunity to supplement their income while renting out their house or driveway. With major international and regional events expected to bring thousands of visitors into the Greater Boston area, local homeowners and commuters could both feel the impact, and perhaps even benefit from it.

The summer calendar is packed with attractions, including World Cup soccer, the return of Sail Boston and the Tall Ships, and celebrations surrounding the nation’s 250th anniversary. Tourism officials are already predicting that hotels throughout eastern Massachusetts will be at or near capacity during much of June and July.

For some Norwood homeowners, that could present a unique financial benefit. Below is information provided by the Town of Norwood Economic Development Department.

Residents considering renting out their homes or apartments on a short-term basis may want to familiarize themselves with what is commonly known as “The Augusta Rule.” Officially referred to as Section 280A by the IRS, the rule allows homeowners to rent their homes for up to 14 days per year without having to report the rental income on their federal tax returns. The rule was originally created to benefit residents of Augusta, Georgia, during the Masters Golf Tournament, but it applies nationwide as long as the property is not primarily used as a business.

However, homeowners should remember that state and local tax requirements still apply. Massachusetts short-term rentals may be subject to the state’s Room Occupancy Excise Tax and other local regulations. Residents are encouraged to carefully review Massachusetts Department of Revenue guidelines before listing a property for rent.

Transportation will also be a major consideration this summer. With World Cup events and Sail Boston expected to draw massive crowds into the region, traffic congestion is likely to increase significantly on major travel days. Norwood’s proximity to Boston and its three commuter rail stations may make the town especially attractive for visitors looking for convenient access to the city while avoiding downtown hotel prices.

Officials are encouraging commuters and travelers to plan ahead. Updated transportation resources are expected to include special stadium express buses, rideshare options, expanded MBTA commuter rail information, and designated parking areas for event attendees. The MBTA has also created visitor guides for those planning to travel to and from Boston-area venues using public transportation.

For Norwood residents, the summer of 2026 could bring both challenges and opportunities — from heavier traffic to a potential boost for local businesses and homeowners. Whether renting out a spare room, welcoming visiting family, or simply navigating busier roads and trains, planning ahead may help make the most of what promises to be a historic and exciting summer season in Massachusetts.