Augusta Rule
topic on 2 shows · 2 statements across 2 episodes
the Paul Morris Podcast 
Top Founders
2 statements about Augusta Rule, every show
Morris: Businesses can deduct reasonable rent for meetings at owner homes
“In the right entity structure, a business may be able to deduct reasonable rent for a genuine business meeting held at your home. And for, that could be, for example, the annual planning session, the board meeting, or even holiday party, while you The homeowne…”
Herold: Uses Augusta rule for an $80,000 to $90,000 annual tax deduction
“So what I do is my business rents the house from myself for the 16 nights a year that I'm allowed, and I use it for business purposes, and those business purposes are legitimate, and you get a fairly about an 80 or 90,000 dollar tax rate.”