What is reasonable for a home based business to charge itself for rent?
sheldon_koggs asked:
I am 1 of the 2 partners in a home based business which currently is run out of my partner’s home. The business consumes space and also utilities. I am trying to come up with a fair rate for rent and a fair calculation for the use of utilities based on what is used for the business. Can someone suggest a guideline here?
I am 1 of the 2 partners in a home based business which currently is run out of my partner’s home. The business consumes space and also utilities. I am trying to come up with a fair rate for rent and a fair calculation for the use of utilities based on what is used for the business. Can someone suggest a guideline here?
I personally don’t feel that the company should be charge full fair market value for rent since I believe it’s a convenience to be able to work at home. Does anyone agree or am I way off here?
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