I might should have posted this in a different forum but since I'm looking at buying a HAAS machine I'm posting it here.
I'm going to be buying a machine primarily for myself. At some point however I may take on jobs and make some money with it. I understand that if I take any jobs and accept money for doing so, it changes things. I may have issues with my homeowners insurance, I probably need some form of liability insurance, etc.
So being that I would prefer to do things the right (legal and prudent) way, should I go ahead and buy the machine through a business entity, check into insurance, etc. from day one or should I wait until such time as I accept money for doing a job?