Security in home based studio

[BradS]

You may wish to get an opinion from an accountant about the tax implications of advertising the fact that you run a home business from within your primary dwelling and have that accountant advise you on the safest and most financially advantageous way to set up this business in your home. I don't have the answers, but I wonder how doing business from your home affects property tax value, capital gains exposure if/when you sell your house and coverage for you, your family and friends and your customers under different insurance policies.

Just some random thoughts ....

This is good advice and warrant repeating.

[rbarker]

This is good advice and warrant repeating.

Perhaps more than once.

It's also good to remember that even with the advice of a good accountant, the responsibility still rests on the shoulders of the business/property owner. Some accountants will suggest potentially risky procedures based on a more aggressive interpretation of the applicable laws.

[Daniel_OB]

If I set the business inside the home, my mothly mortgage payment plus utils, will be cut to tax according to area of the house used for the business (30% are for business, 30% expences to tax), just I have no idea for property tax in that case.
Thanks to all guys for your nice advices and your time. They all are so usefull.