NameSilo

Do you have your own domain company?

Labeled as discuss in General Domain Discussion, started by kite26, Sep 23, 2021

Replies:
9
Views:
651

  1. kite26

    kite26 Fearless Bird VIP

    Posts:
    6,168
    Likes Received:
    5,883
    Do you have your own domain company and decided not to walk as individual? When and why you took the decision?
     
    The views expressed on this page by users and staff are their own, not those of NamePros.
  2. jhm

    jhm Glazed

    Posts:
    3,687
    Likes Received:
    5,114
    Interesting question

    I'm a lone ranger (like most)
     
  3. Deven Patel

    Deven Patel Founder, Alter.com Blue Account

    Posts:
    278
    Likes Received:
    961
    Does a marketplace count? ;)

    If you're referring to whether one should form a legal entity then the answer is almost always a yes if you're selling more than a few domains every year. Forming a company would shield you from personal liability (i.e. in case a disgruntled buyer decides to sue you, etc). It's all about risk management.
     
    Last edited: Sep 23, 2021
  4. kite26

    kite26 Fearless Bird VIP

    Posts:
    6,168
    Likes Received:
    5,883
    I refer to a domain trading company. Yes, marketplace which is included to a personal company.
     
  5. PatrickV

    PatrickV Established Member

    Posts:
    191
    Likes Received:
    166
    I'm not a lawyer.

    I'm using sedo.com as a private seller and they will handle the transaction/s professional, i'm happy with that.

    If it's a huge amount than you can ask lawyer's advice for the most fiscal friendly way out ...

    GLTA!
     
    Last edited: Sep 23, 2021
  6. bmugford

    bmugford www.DataCube.com PRO VIP ICA Member ★★★★★★★★★★

    Posts:
    14,179
    Likes Received:
    27,378
    I have 2 domain related LLCs. They pass income over to personal taxes with a K1 form.

    There are multiple advantages when it comes to a company from liability to taxes.

    Brad
     
    Last edited: Sep 23, 2021
  7. twiki

    twiki Top Contributor VIP Gold Account

    Posts:
    2,563
    Likes Received:
    13,290
  8. Unique Domainers

    Unique Domainers Account Closed (Disallowed)

    Posts:
    5
    Likes Received:
    0
    Yes, Id rather have my own ecommerce, communicate, advertise logos, offer related social media accounts and email accounts, doings things that most places would say that's not allowed, while skipping the broker fee. Extra is good, Sometimes plural is too.
     
  9. lock

    lock free.marketing VIP

    Posts:
    6,177
    Likes Received:
    6,679
    I am not a registrar but have gigs of webmaster type in traffic and exact match domains to do it.
     
  10. Mr. Deleted

    Mr. Deleted Slabaugh.com 800-266-2728 VIP ★★★★★★★★★★

    Posts:
    1,297
    Likes Received:
    1,064
    No, Wally Woods is not just for domain names, it is for marketing.
     

Want to reply or ask your own question?

It only takes a minute to sign up – and it's free!
Topics / Tags:
NameWorth
  1. NamePros uses cookies and similar technologies. By using this site, you are agreeing to our privacy policy, terms, and use of cookies.
    Dismiss Notice
Loading...