briman1970 said:
Welcome Michael.
What exactly is your position on the subject of classifying domains as property? The ICA is obviously pushing for this, but (as NP member Labrocca has mentioned) we have yet to see a clear outline of all the positives and negatives from them. I would love for you to discuss your opinions and discuss why domainers should support the ICA's stance on the matter.
Sorry, about the slow response. I didn't get an email notice of a post to this thread and I thought that it died.
I personally don't have a position about classifying domains as property. I understand that there is a difference of opinions on the ICA board about this. However, I have not actually been involved in discussions with the board about this issue. I would like to hear more from domainer owners about this issue. What would you like for ICA's position to be, why? How do you think that we can influence policy if we have a unified position? Aren't our rights in regards to domains, defined by the registrant agreements that you have with your registrar?
Whether you prefer domains to be considered property or renewable contract rights, I would like for you to join ICA and help us represent your interests in Washington, ICANN and in the media.
labrocca said:
That's a scary part of your issues page. Not all domainers hold portfolios worth millions and this "modification" could have very negative effects imho. I would love an honest open debate over the issue. For me it's a WHY situation and HOW willl it benefit ME..if at all. If I can be pursuaded that changing the tax code will benefit me...I am all for it. However I have yet to read one statement from ICA explaining this notion in detail. What are the benefits? What are the negatives?
Place these issues on the table please and create a place for open discussion much like ICANN does, although they don't bother to care what we say. My fear is that your organization may be no different and you may be representing .1% of domainers that own massive portfolios.
Thank you for reading and I look forward to your participation here.
Thank you for your thoughtful contribution to this discussion. I agree that we should discuss these and other issues. ICA is in its infancy and it should be shaped by input from more of the constituency that it serves.
I am not qualified to answer the questions about depreciation. I have more questions than answers. However, I wonder if tax law that permits depreciation of domains really has a negative impact upon those who don’t have a large need for depreciation. Furthermore, isn’t it possible that many who start with portfolios of modest value will develop revenue through development, sales and growth in PPC income and then be in a position to invest in more expensive names. So even if depreciation of domains isn’t important to you today, might it be at some time in the future? Is there a downside to such changes? Are some domain owners already testing this and depreciating domains in their business?
billinchina said:
I'm very excited for you.
Bill,
Great to hear from you again. We have to go fishing together when it cools a little!
Thank you to everyone who has greeted and extended good will to me here.