In this week's Top Topics, a domain investor is looking for advice on writing off domain purchases in a tax return. Elsewhere, there's a phishing scam targeting domain name owners and registrar GoDaddy acquires DNAcademy.
Advice Needed: Taxes for Domain Purchases
Domain names and taxes have always been two subjects closely intertwined. Depending on what country you’re in, your domain acquisitions and sales may be treated differently when it comes to paying taxes.
Here, an investor reveals that they purchased a domain on a payment plan and spent $1,400 on domain renewals in 2021 without making a sale. Does that mean that the investor can write off the money spent on domains as a loss?
Topic by: @psychedelic
GoDaddy Buys DNAcademy
DNAcademy, the domain name education platform, was founded several years ago by investor and educator Michael Cyger. The popular in-depth course attracted both existing and new investors.
This week, domain registrar GoDaddy announced that it had acquired DNAcademy and that founder Michael Cyger would join GoDaddy as its first Director of Education for domains. The domain industry has been reacting to this news.
Topic by: @hawkeye
This Phishing Scam Targets Domain Owners
George Kirikos has offered a warning to the community, asking other domainers to be aware of a phishing scam that seems to be targeting domain investors. The phishing scam originates from an email purporting to be from a domain name lawyer.
The email, with a link to open an encrypted message, ultimately aims to steal email credentials. Several notable domain industry members have received the email, suggesting that it is indeed targeting domain investors.
Topic by: @GeorgeK
Merlin Kauffman Buys Apes.com
Serial entrepreneur, domain investor, and NFT creator Merlin Kauffman has acquired a new premium domain. Kauffman, who launched the Metasaurs NFT project in 2021 based around Bored Ape #4588, purchased Apes.com.
The domain was previously owned by All Phase Electrical Systems, a Californian company that is believed to be the original registrant of the name. Kauffman’s plans for Apes.com are currently unknown.
Topic by: @James Iles
Should I Partner With a Business?
If you own a premium domain that would benefit a company in a particular industry, possibly if you have a category-defining domain. Would you consider a partnership where a business utilizes your domain for a percentage of a company’s profits?
This is the scenario being considered by one domain investor who would maintain ownership of a domain name while leasing it to a company in exchange for a 25% profit. Has anyone done this before? Is it a lucrative means of developing your domain in a worthwhile manner?
Topic by: @bamboozle
Top Topics of the Week is a blog series featuring the most popular discussions and content within the domain community. Tune in weekly to see what's trending
Advice Needed: Taxes for Domain Purchases
Domain names and taxes have always been two subjects closely intertwined. Depending on what country you’re in, your domain acquisitions and sales may be treated differently when it comes to paying taxes.
Here, an investor reveals that they purchased a domain on a payment plan and spent $1,400 on domain renewals in 2021 without making a sale. Does that mean that the investor can write off the money spent on domains as a loss?
Topic by: @psychedelic
GoDaddy Buys DNAcademy
DNAcademy, the domain name education platform, was founded several years ago by investor and educator Michael Cyger. The popular in-depth course attracted both existing and new investors.
This week, domain registrar GoDaddy announced that it had acquired DNAcademy and that founder Michael Cyger would join GoDaddy as its first Director of Education for domains. The domain industry has been reacting to this news.
Topic by: @hawkeye
This Phishing Scam Targets Domain Owners
George Kirikos has offered a warning to the community, asking other domainers to be aware of a phishing scam that seems to be targeting domain investors. The phishing scam originates from an email purporting to be from a domain name lawyer.
The email, with a link to open an encrypted message, ultimately aims to steal email credentials. Several notable domain industry members have received the email, suggesting that it is indeed targeting domain investors.
Topic by: @GeorgeK
Merlin Kauffman Buys Apes.com
Serial entrepreneur, domain investor, and NFT creator Merlin Kauffman has acquired a new premium domain. Kauffman, who launched the Metasaurs NFT project in 2021 based around Bored Ape #4588, purchased Apes.com.
The domain was previously owned by All Phase Electrical Systems, a Californian company that is believed to be the original registrant of the name. Kauffman’s plans for Apes.com are currently unknown.
Topic by: @James Iles
Should I Partner With a Business?
If you own a premium domain that would benefit a company in a particular industry, possibly if you have a category-defining domain. Would you consider a partnership where a business utilizes your domain for a percentage of a company’s profits?
This is the scenario being considered by one domain investor who would maintain ownership of a domain name while leasing it to a company in exchange for a 25% profit. Has anyone done this before? Is it a lucrative means of developing your domain in a worthwhile manner?
Topic by: @bamboozle
Top Topics of the Week is a blog series featuring the most popular discussions and content within the domain community. Tune in weekly to see what's trending
