What are some of the pitfalls?

iVillage Member
Registered: 04-12-2004
What are some of the pitfalls?
7
Wed, 12-09-2009 - 10:39am

Here is my situation: I have an established (13 years)

Avatar for audreyoka
iVillage Member
Registered: 03-26-2003
Thu, 12-10-2009 - 8:52am

The biggest "pitfall" is that you're never away from business. If you have commercial space, you leave and go home, the two are very separate. When both are in the same location, it's like your always at work.

One other consideration, if you're going to claim the house as a business expense, when you go to sell the house, there are certain applicable laws as it was used as a business write off.

That's it :)

iVillage Member
Registered: 04-12-2004
Thu, 12-10-2009 - 3:28pm

Thank you for the response.

Avatar for audreyoka
iVillage Member
Registered: 03-26-2003
Fri, 12-11-2009 - 9:51am
I really couldn't think of any others LOL.

Avatar for indexlady
iVillage Member
Registered: 03-29-2003
Fri, 12-11-2009 - 8:33pm

Audrey mentioned it, but I'll mention it again.


There is no balance between worklife and home life. Those who've never been in the situation for an extended period of time think it would be wonderful.


I've been in that sort-of situation since 1996. Your living space becomes a prison.


You will need to be proactive to get OUT. It's not that easy when you can't close up the shop and just leave. The convenience of just going down for a few things to get a start on tomorrow becomes the

iVillage Member
Registered: 04-12-2004
Wed, 12-16-2009 - 9:02am

Thank you for the feedback.

iVillage Member
Registered: 12-17-2004
Thu, 12-17-2009 - 10:21pm

Hello and welcome to the board! I agree with Audrey and indexlady--for me it would be trying to have a healthy balance of work and home life.

So what did you decide to do?

Photobucket
Photobucket
iVillage Member
Registered: 12-17-2004
Mon, 01-25-2010 - 7:28pm

So did you make a decision? I know it can be stressful when trying to decide what will work out best.

Photobucket
Photobucket