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Updated over 2 years ago,
How to separate personal from business expenses?
I am planning on getting a multi family/duplex and live in one of the units. Does anyone have advice on how to keep my business and personal finances separate. By that I mean what should I count as personal expenses and what should I count this as business expenses? Should I count the renovations I do to the unit I live in as business expenses? What about utility expenses? Should I could all utility's for the entire building as a business expense or leave out the ones for the unit I reside in?