Yes, and you would be trying to help the guy out if you went up to someone at the checkout in a store and offered to supply free or barter what the guy was willing to pay for. I'd think the shop owner would not appreciate that, either.
You say you offer services, that you resell domains, etc. so you are in the business. And you are offering to swap away your goods when others are paying to advertise theirs.
Not in this thread. I don't attempt to sell domains. I'd either be ripping off the people by having to charge more than they can buy them for elsewhere, or I'd be making so little it wasn't worth the effort. So, I was not trying to sell any domains myself.
It's simply that you came and say you offer some of the same services others on here pay to promote and you're willing to barter them away. Fine, but become a seller then give away all you want. Many pay to sell here, so should you if that is what you are doing.
If you come for advice or to help others with wholesaling, fine. Please do all you can. But if you are going to be offering goods or services, you need to register as a seller.
And, in all honesty, I do at times "sell" domains. I have hosting customers who just don't want to be bothered. I get $ 12 per year for any of them and tell my clients they can get the same for $ 10 or so for themselves. I do it as a service, to keep them from jumping through all of GoDaddy's hoops, and some have a real problem setting up the name servers. So, for a couple of bucks, I'll do it.
It's certainly not for profit. Here's what I go through -
I pay PayPal about 75 cents for that $ 12 transaction, if it's from the UK. A bit less if from the US.
I print a receipt from the domain registrar for my records.
I print a PayPal receipt, as well.
I enter an Invoice for the sale of $ 12 into my QuickBooks
I "write a check" from my PayPal account for the purchase in QuickBooks
I now have a further "gross sale" of $ 12 on which I have to pay a portion to the City of Newport News, VA in the form of a business license.
While I collected no sales tax, I do have to include the amount as part of my gross sales to the Commonwealth of Virginia when filing my quarterly sales tax report.
I also have picked up a bit of income tax liability in the overall net profit from the "sale" of that $ 12 favor I did for my client.
Not to mention the actual time involved in going through the registration process with the registrar.
Hardly a profitable exercise.
I can understand that by reselling, you don't go through any of that. You just let them dio it themselves and you pick up a bit of change. So it's really you who are selling a "product", while I am simply offering a service.
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