Cream the Butter: In a large mixing bowl, cream the softened butter and granulated sugar until light and fluffy, about 3-4 minutes.
1 cup unsalted butter, 1 ½ cups granulated sugar
Add Eggs/Vanilla: Add the eggs, one at a time, mixing well after each addition then add the vanilla.
4 large eggs, 1 teaspoon vanilla extract
Combine Dry Ingredients: In a separate bowl, whisk together the flour, baking powder, baking soda, and salt.
2 ½ cups all-purpose flour, 2 teaspoon baking powder, ½ teaspoon baking soda, ½ teaspoon salt
Combine Wet/Dry Ingredients: Gradually add the dry ingredients to the wet ingredients, alternating with the buttermilk and rum. Begin and end with the dry ingredients. Mix just until combined; do not overmix.
1 cup buttermilk, ½ cup dark rum
Transfer to Pan: Pour the batter into the prepared bundt pan and smooth the top.
Bake: Bake in the preheated oven for 45-55 minutes, or until a toothpick inserted into the center of the cake comes out clean.