I hope I am posting this on the right forum

I have two separated home based businesses. One of them is obviously VA. I currently have a website for my other business already up and running. And I am in progress of developing another one for VA.

I have a hosting account for my other business. On this account I can add on as many domains/websites as I wish with no additional cost.

But I have been asking myself this questions: Should I have two separated hosting accounts for each business for tax purpose?

That's a really good question - I suppose if you want to claim it as a deduction it makes more sense to host in a different account. I'm just starting to learn about taxes and deductions, etc. and it seems to me the more documentation you have the better - since it's for two different business entities I'd keep the info sep. as well.
BUT - since there's no cost for hosting the second site it wouldn't really matter I guess, as there would be no relative expense deduction. (am I making sense?? )

We have all of our own sites wrapped up in two servers but we also have all of our business ventures wrapped up in the one LLP company.

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You don't need to have a separate hosting accounts. You can either split the cost between the 2 businesses, or have 1 business pay the whole amount, as long as you don't deduct the hosting amount 2x you're ok.

If you want to split the cost between the 2 buildings, then for record purposes just print out the online payment receipt and write on it how much of the bill goes to which business.

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Rebecka Melson ~ Virtual Business Services

Thank you both for your input! It's been a help.

Originally Posted by Rebecka Melson

You don't need to have a separate hosting accounts. You can either split the cost between the 2 businesses, or have 1 business pay the whole amount, as long as you don't deduct the hosting amount 2x you're ok. If you want to split the cost between the 2 buildings, then for record purposes just print out the online payment receipt and write on it how much of the bill goes to which business.

I have to agree, there is no need to make 2 hosting accounts.

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Dawn Pigoni
Social Media Virtual Assistant