And this was the ratio that the reasoning that it was established as being in violation and, and the resulting penalties and everything. And so I'm like, okay, these guys know, like they keep current with all of the stuff. This is what the most recent precedent says in regards to the Augusta Rule. Which is one of the rules where you can literally just take money out of your business tax free. All you got to do is sign a couple of documents and maintain your documentation in case the IR comes knocking. And then you just rent your house from your business tax free. (24:24–24:33)
CLAIM
Asserts that the Augusta Rule allows business owners to take money out of their business tax-free.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
