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Updated about 3 years ago,
Personal vs. project costs - investor's perspective
What rules or guidelines do you use regarding what you can bill back to the project. I'm trying to figure out certain expenses and should they be categorized as personal or charged back to the project. Subsequently, reducing the profit split (50/50) between developer and investor.
For example, food bought for the crew, daily expenses such as gas & labor paid for with cash (no receipt).