Hello! I just purchased a plus and am anxiously awaiting its arrival!
I have a question on how some of you handle separating personal and business use on your machine? I am considering setting up an LLC, but would like to have the option of making personal items on it as well.
In an effort to keep personal and business affairs separate, I was considering renting or leasing my machine to my business since I’ve already paid for it from our personal account. One thing I am stuck on is fair pricing. Anyone else doing this? What are your thoughts?
This isn’t a topic that I’ve seen discussed directly, but there have been some related discussions about external pricing. There’s probably some difference between what is a fair rate to rent internally versus the rate that you might rent/charge for external users, but these discussions might be a good jumping off point:
ok, the group think here, is as a 'rental to yourself you should be charging 'yourself" $3-5 an hour of use to cover materials / maintenance / consumables / power / etc which is more a REAL WORLD number then my cold hard lab math.