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Domain Discussion
Domain Beginners and Newbies
How Soon After Acquiring Domain To Reach Out To End Users?
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<blockquote data-quote="Domain.BUZZ" data-source="post: 2228524" data-attributes="member: 322553603"><p>It depends. If you "flip" domains frequently, then the IRS will likely consider you a dealer, in which case, your income will likely be considered operational income. In this scenario, your profit will be treated as regular income tax. But if you treat your domains as investments - as I do - then you will be subject to (more favorable) capital gains tax rates. And if you hold on to the assets for more than a year, then you can get the best tax rate of all - the long term capital gains rate. </p><p></p><p>Having said all that, I'm not a tax expert. For more details, I highly recommend <a href="https://www.dntaxguide.com/" target="_blank">https://www.dntaxguide.com/</a> (no affiliation).</p></blockquote><p></p>
[QUOTE="Domain.BUZZ, post: 2228524, member: 322553603"] It depends. If you "flip" domains frequently, then the IRS will likely consider you a dealer, in which case, your income will likely be considered operational income. In this scenario, your profit will be treated as regular income tax. But if you treat your domains as investments - as I do - then you will be subject to (more favorable) capital gains tax rates. And if you hold on to the assets for more than a year, then you can get the best tax rate of all - the long term capital gains rate. Having said all that, I'm not a tax expert. For more details, I highly recommend [URL]https://www.dntaxguide.com/[/URL] (no affiliation). [/QUOTE]
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How Soon After Acquiring Domain To Reach Out To End Users?
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