CALIFORNIA FAMILY LAW
...Business Interests
......C/P Interest in S/P Business
.........Determining C/P Interest
............Community Living Expenses
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When using Van Camp method, c/p living expenses must be deducted from c/p income to determine c/p interest.

When using Van Camp method, c/p living expenses must be deducted from c/p income to determine c/p interest.

Do not deduct living expenses when utilizing Pereira approach.

Deduct living expenses from reasonable value of owner's services in Van Camp approach.

If c/p expenses exceed value of owner's services to s/p business, assets traceable therefrom are deemed s/p.