Travis kicks off Season 2 of Travis Can I Have This with a new tax mini-series, starting with one of the most talked-about strategies for practice owners: the Augusta Rule (IRC Section 280A(g)).

Email info@gouluru.com for the Augusta Checklist

What’s covered:

• The quirky origin story behind the Augusta Rule, tied to homeowners renting out houses during the Masters Golf Tournament
• How practice owners can rent their personal residence to their own business for board meetings and exclude the rental income (up to 14 days/year)
• Why your entity structure matters — S-corps, C-corps, and partnerships qualify, but sole proprietors and disregarded-entity LLCs carry real risk
• The lack of landmark tax court cases on this strategy, and what that means for how aggressively to apply it
• Key risk areas: using a defensible fair market rate, proving actual business activity took place, and — most importantly — documentation
• A 7-step checklist for doing the Augusta Rule correctly, from entity setup to paper trails and proper categorization with your accountant
• Real numbers: how a $1,000–$2,500 per meeting rate across 12 meetings can translate to $5,000–$10,000+ in tax savings

Want the full Augusta Rule checklist? Email info@gouluru.com

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