JHM, thank you for the thoughtful and respectful reply.
I didn't negotiate the price. I did think about it, but I was afraid of them raising the price upon learning someone had made a significant offer.
I personally think that mescaline is the most under-appreciated psychedelic, and that this is...
www. s a n p e d r o c a c t u s .com
In 2013 I had a life changing psychedelic experience on a substance that relatively few people even know about.
This substance is a cactus known as the "san pedro cactus"
https://en.wikipedia.org/wiki/Echinopsis_pachanoi
This domain name recently expired...
But you are using the term drug in a way that implies something negative. Some drugs can be medicines which can help treat conditions, and I believe mescaline generally and this cactus specifically is a medicine. So yes technically it is a drug, but it does not belong in the same category as...
Well psychedelics and festivals are definitely a thing, as far as a festival being directly called a "psychedelic festival" would be quite bold. But people have taken psychedelics at music festivals for decades.
I did not sell any domains or earn any revenue from them in 2021.
Domains are a side project, even if I did make a profit it would be secondary income.
I've been purchasing domains for a while and just getting around to try to understand how this works from a tax perspective.
Last year I spent about 1400 on renewal fees, and I did not sell any domains.
Can I write the 1400 off as a loss on my taxes?
Do I need to set up an actual business to do...