The Augusta Rule Event Documentation System
Renting your residence to your own business is one of the few strategies the tax code permits outright and one of the easiest to lose under examination. Your company pays you personally. That is precisely the payment a reviewer looks at hardest. What saves it is evidence that each meeting genuinely happened, that the space was genuinely used, and that the rent charged matched what an unrelated party would have paid.
This system builds that evidence event by event, before the money moves rather than afterward.
Eleven instruments carry a single qualifying event from announcement through review. The meeting announcement and invitation opens it. The agenda master form sets what the session will decide. The attendance and sign in sheet records who was present. The minutes and business outcome summary captures what the meeting produced. The residential meeting space rental agreement governs the use of the space. The fair market rent comparable log records the evidence behind the rate you charged. The written consent of the governing body authorizes the rental. The rent invoice and payment record proves the payment. The event cost ledger tracks what the event cost. The event folder cover sheet and index closes the file. The professional review record captures your advisor sign off.
The Augusta Rule Event Planning Workbook sits alongside them. It tracks every event across the year, so you always know how many days you have used and how many remain.
Order matters more here than almost anywhere else. Authorization comes before the meeting, the comparable evidence comes before the rate is set, and the payment comes after the record exists. Fill the instruments in the order they are numbered and the file assembles itself correctly.
Oakhaven Bedrock Investments, Inc. is a product development company. We are not a law firm, a certified public accounting firm, or a tax preparation service, and nothing here is legal, tax, or accounting advice. Confirm the current rules with your tax professional before relying on this strategy.
