For those of you who have sold websites:
1. Is this considered a capital gain?
2. If so, how did you minimize the tax consequence when the sale is a large percentage of your income?
This would be in the US. And I know I should probably consult an account, and that would be another question: finding an account familiar with this type of transaction....
1. Is this considered a capital gain?
2. If so, how did you minimize the tax consequence when the sale is a large percentage of your income?
This would be in the US. And I know I should probably consult an account, and that would be another question: finding an account familiar with this type of transaction....
