Comments on: 10 US Laws Every Domainer Needs to Know http://domainnamewire.com/2007/07/12/10-us-laws-every-domainer-needs-to-know/ News and Views for the Domain Name Industry Sun, 21 Mar 2010 21:18:04 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Andrew http://domainnamewire.com/2007/07/12/10-us-laws-every-domainer-needs-to-know/comment-page-1/#comment-84574 Andrew Sun, 15 Jul 2007 14:24:48 +0000 http://domainnamewire.com/2007/07/12/10-us-laws-every-domainer-needs-to-know/#comment-84574 Ruben, the tax guide tells you whether you should base your taxes on the capital gains model or another. Personally, I think we won't get clarification on this for several years. Those long URLs don't always wrap, so that's why I like tinyurl. Ruben, the tax guide tells you whether you should base your taxes on the capital gains model or another. Personally, I think we won’t get clarification on this for several years.

Those long URLs don’t always wrap, so that’s why I like tinyurl.

]]> By: Ruben Rodriguez http://domainnamewire.com/2007/07/12/10-us-laws-every-domainer-needs-to-know/comment-page-1/#comment-84436 Ruben Rodriguez Sat, 14 Jul 2007 14:43:32 +0000 http://domainnamewire.com/2007/07/12/10-us-laws-every-domainer-needs-to-know/#comment-84436 Thanks Andrew, does the pointer include the bucks for the guide?:) Here's a better link: http://www.irs.gov/taxtopics/tc409.html I bought my first domain in 1998 and ran it as a website. I sold the name earlier this year. (I brought my own buyer to the table, but that's another story) What I was trying to articulate was that there are still unresolved questions on whether a domain name is, I guess, tangible or intangible: "Intangible Property is property that has value but cannot be seen or touched." -IRS I'm not denying I'm 'domainer scum' or anything, but most of the domains I own were purchased for development. I'm at 20 something sites so far and just launched another this morning. Man, those round robins get longer and longer. Thanks for fixing the long URL. I tried tinyurl once several years ago and the interaction annoyed me, so I haven't used it since. Usually I just tell people to suck it up and copy it to Notepad. -- Thanks Andrew, does the pointer include the bucks for the guide?:)

Here’s a better link:

http://www.irs.gov/taxtopics/tc409.html

I bought my first domain in 1998 and ran it as a website. I sold the name earlier this year. (I brought my own buyer to the table, but that’s another story)

What I was trying to articulate was that there are still unresolved questions on whether a domain name is, I guess, tangible or intangible:

“Intangible Property is property that has value but cannot be seen or touched.” -IRS

I’m not denying I’m ‘domainer scum’ or anything, but most of the domains I own were purchased for development. I’m at 20 something sites so far and just launched another this morning.

Man, those round robins get longer and longer.

Thanks for fixing the long URL. I tried tinyurl once several years ago and the interaction annoyed me, so I haven’t used it since. Usually I just tell people to suck it up and copy it to Notepad.

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]]> By: Andrew http://domainnamewire.com/2007/07/12/10-us-laws-every-domainer-needs-to-know/comment-page-1/#comment-84275 Andrew Fri, 13 Jul 2007 15:11:21 +0000 http://domainnamewire.com/2007/07/12/10-us-laws-every-domainer-needs-to-know/#comment-84275 Ruben, see http://domaintaxguide.com/ about your tax questions Ruben, see http://domaintaxguide.com/ about your tax questions

]]> By: Ruben Rodriguez http://domainnamewire.com/2007/07/12/10-us-laws-every-domainer-needs-to-know/comment-page-1/#comment-84269 Ruben Rodriguez Fri, 13 Jul 2007 13:34:26 +0000 http://domainnamewire.com/2007/07/12/10-us-laws-every-domainer-needs-to-know/#comment-84269 I forgot to mention that the registrar inquiries began after listing the sites for sale at Sedo. I raised my prices afterward. Here\'s a link to an article regarding an attempt to wrest away a trademark using \"abandonment\" as an argument: http://tinyurl.com/3e3dur I forgot to mention that the registrar inquiries began after listing the sites for sale at Sedo. I raised my prices afterward.

Here\’s a link to an article regarding an attempt to wrest away a trademark using \”abandonment\” as an argument:

http://tinyurl.com/3e3dur

]]> By: Ruben Rodriguez http://domainnamewire.com/2007/07/12/10-us-laws-every-domainer-needs-to-know/comment-page-1/#comment-84247 Ruben Rodriguez Fri, 13 Jul 2007 10:09:26 +0000 http://domainnamewire.com/2007/07/12/10-us-laws-every-domainer-needs-to-know/#comment-84247 "Consider that if you can’t beat them, you might as well join them. If you come across inaccurate Whois data you can report it to the registrar. If in fact the information is inaccurate, you might get a shot at buying the domain." Part of me says "raise the Skull and Bones, mates". Another part says "geez." This explains the rash of contact info requests I've gotten from the registrars I no longer use to register domains. I haven't gotten around to transferring them yet to my current registrar, since I'm beginning to suspect there's a good reason they spend so much on PR. I don't understand the logic. ICANN requires public registration records, yet registrars are allowed to profit from upselling contact privacy. Shouldn't those domains who use contact privacy to shield registrations also be fair game? The article didn't go in depth into the tax treatment of the sale of domains. It has been my understanding that the sale of a domain owned longer than a year receives capital gains tax treatment. The article was very informative though, and I'm not knocking it. I have read that there are also unsettled legal questions regarding the status of domains. Is a domain name a lease, tangible property, or intellectual property etc? “Consider that if you can’t beat them, you might as well join them. If you come across inaccurate Whois data you can report it to the registrar. If in fact the information is inaccurate, you might get a shot at buying the domain.”

Part of me says “raise the Skull and Bones, mates”. Another part says “geez.” This explains the rash of contact info requests I’ve gotten from the registrars I no longer use to register domains. I haven’t gotten around to transferring them yet to my current registrar, since I’m beginning to suspect there’s a good reason they spend so much on PR.

I don’t understand the logic. ICANN requires public registration records, yet registrars are allowed to profit from upselling contact privacy. Shouldn’t those domains who use contact privacy to shield registrations also be fair game?

The article didn’t go in depth into the tax treatment of the sale of domains. It has been my understanding that the sale of a domain owned longer than a year receives capital gains tax treatment.

The article was very informative though, and I’m not knocking it. I have read that there are also unsettled legal questions regarding the status of domains. Is a domain name a lease, tangible property, or intellectual property etc?

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