It can mean the place where you live or the place where you work, depending on the conversation.

Where are you based or base?

3 Answers. In the most common usage, "base" is a transitive verb. One bases something on something else (active), whereas something is based on something else (passive). In other words, generally native speakers think of "base" as requiring a direct object, as well as an indirect object: base (sth.)

Where are u based out of meaning?

"Based out of" often suggests that the subject maintains a headquarters or home office in the given location, but spends a majority or other significant amount of time working in other locations; "based in" suggests that the subject works in the given location most of the time.