John explains in this video that when it’s done right, the Augusta Rule isn’t complicated — and the IRS usually leaves it alone. The key? Real meetings, reasonable rates, and proper documentation.
The first year sets the template. Do it once, do it right, and it’s easy to duplicate year after year. That’s exactly what our done-for-you service is built to deliver:
- IRS-compliant paperwork
- Fair market rental valuations
- CPA-ready reports
Book your Strategy Call today.
Video Transcript:
0:00
So far, the IRS agents I’ve dealt with
0:02
have all been of the opinion that if
0:04
it’s real, it’s a real meeting, it’s a
0:06
reasonable rate, they’re not going to
0:08
mess with it.
0:09
Yeah.
0:09
It’s when you start playing games with
0:11
really just stupid off the chart rates
0:13
or not having the thing at all,
0:15
but the law itself once once you have us
0:17
go through it by my standards, granted
0:19
I’m jaded,
0:20
but but even for for normal people,
0:22
normal humans, and certainly for tax
0:24
professionals, once someone actually
0:26
goes through the parts, it’s really not
0:28
that hard. Yeah, it really isn’t. But
0:30
you do, it’s not that hard on the other
0:32
side of it, you know, once you actually
0:34
have a guide to walk you through it and
0:37
then you actually go through the the
0:39
pain and effort to actually do it. And
0:41
that’s what we’re trying to do is try to
0:42
make it as easy as possible for
0:44
entrepreneurs, like the the the greatest
0:46
amount of business owners to benefit
0:49
from this rule.
0:50
And to go back to our exercise analogy,
0:52
someone else can do it
0:53
and they only have to do it once. That
0:55
first year is really where you set the
0:56
template cuz once you’ve got it down,
0:58
it’s very duplicable.