We get questions about the tax implications of buying online businesses all the time.
“Should this be a stock or asset sale?”
“Can I roll my sale into another purchase in a calendar year to avoid taxes?”
“What part of the sale is personal Vs. capital gains?”
We both have experience in buying/selling websites and online businesses, but when it comes to parsing thousands of pages of tax code to find your loophole – that’s not really something we can do!
But there are people who CAN do that for you and today we sit down with one of them…
In this episode, we sit down with CPA Mario Lucibello to dig into the ins, outs, and upside downs of buying, selling, and investing in websites and online businesses. This guy’s a pro and we get into quite a bit.
Not the most exciting subject, but I had so many questions I just had to keep hammering him for the full hour. Sit back, relax, and let’s talk accounting when it comes to our industry.
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Listen To The Full Interview:
What You’ll Learn From This Episode:
- Business Structure + Setup
- Due Diligence With Buying Online Businesses
- Taxes With Buying/Selling Websites
Featured On The Show: