August 5th, 2007, 11:04 PM
I'll be opening a website that offer's house,apartment,and moble homes for rent in my area.... do I need a business lic. or anything like that to have a webbased business?
August 5th, 2007, 11:42 PM
August 6th, 2007, 12:32 AM
Do you have any revenue? If you do, then the answer is "yes".
If I'm correct, you're in the US - if so, get a business license in either case (it depends on what state/county you're in, but it'll probably cost you less than $100 for a sole proprietor-ship). Next time when it's time to file your taxes, pay the extra couple of bucks it costs to get a CPA, let him know you have a home-based business, and let him do his magic (home-based businesses are excellent for tax deductions) - the $100 you paid for your business license will be earned back quickly.
One final note: if the web-based business gets serious (to put a number on it: more than $5,000 revenue per year (REVENUE - NOT net income!)), get a lawyer.
So, to summarize: get the business license, and try talking to an accountant before you do anything. Get a half-hour consultation or something with the CPA (and pay the man...), and let him tell you all about how a home-based business gets you in tax heaven if done propertly ("if he suggests "manipulating" the system, though, walk out and refuse to pay him - there are more than enough legal tax benefits for work-at-home people). If it gets serious, get a lawyer.
August 6th, 2007, 03:09 PM
Depending on your state, you may even have be certified as realtor or realty management. If you are taking a payment or a percentage of a rent then you are a broker. A lot of lawyers will give a free consult, even if they charge, it will be cheaper then court.
I see lots of lists on line, Craigslist for one. However those listings are posted by the property owner
"Somehow saying I told you so just doesn't cover it" Will Smith in I, Robot
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