Tools and Tips for Catching Expired Domain Names

November 7, 2009

If you’ve ever had an idea for a domain name and tried to register the domain, you probably know that most good domain names are already taken. However, a lot of excellent domain names expire, or drop, every day, whether due to a registrant who forgets to pay the annual fee, a company going out of business, or simply lack of funds to maintain a domain portfolio. And someone else’s loss can be your gain.

In fact, the only way to get decent domain names today is to buy them in the aftermarket, or to snap up domain names that the current registrant has let expire.

In this article we’ll provide you with essential information, and more importantly, the tools for successfully snapping up expired domains.
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ICANN Approves Non-Latin Characters for Domain Names: Applications Start Nov 16, 2009

November 6, 2009

The Internet Corporation for Assigned Names and Numbers (ICANN) has announced that it will move forward with the “internationalization” of domain names, by allowing domains that use non-latin characters, such as chinese characters or arabic script.

ICANN will begin accepting applications in the “fast track” process starting November 16, 2009 at 00:00 UTC.

ICANN recently concluded a meeting in Korea (October 26-October 30, 2009) during which the ICANN Board approved the IDN ccTLD Fast Track Process.

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How to Account for Domains Sales Profits on Your Tax Returns?
Wondering how to treat domain profits on your tax returns? If you count the profits as capital gains, you may only pay 15% tax on those profits. Make sure you don’t pay more taxes than you owe on domain name sales.

Sandra Brooks, author of the Domain Tax Guide specializes in tax planning for domainers. In this invaluable book, Brooks outlines all the details you’ll need for effective tax planning for entrepreneurs who buy and sell domain names.

Learn More About the Domain Name Tax Guide »
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According to ICANN, “The IDN ccTLD Fast Track Process will enable countries and territories that use languages based on scripts other than Latin to offer their users domain names in non-Latin characters. These IDN ccTLDs will be available only to the governments and administrations of countries and territories listed in the ISO 3166-1 standard, or their designated representatives or operators. There is a number of string requirements for IDN ccTLDs to be delegated through the process, one of which is demonstration that the IDN ccTLD constitute a meaningful representation of the corresponding country or territory name.”

Recent Domain Sales – Sedo (Nov 2, 2009)

November 6, 2009

Recent domain name sales recorder at Sedo for the week of November 2, 2009:

  • iwinweekly.com – 5,000 $US
  • goalme.com – 1,500 $US
  • folding.net – 1,500 $US
  • tomgordon.com – 1,150 $US
  • markstuart.com – 999 $US
  • gynecology.net – 5,000 $US
  • osfp.net – 1,372 $US
  • tuberculosis.net – 6,500 $US
  • forexmastery.com – 1,500 $US
  • gartenbauunternehmen.de – 651 EUR
  • fa123.com – 888 $US
  • 2surf.com – 1,600 $US
  • sgtravel.com – 2,250 $US

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How to Account for Domains Sales Profits on Your Tax Returns?
Wondering how to treat domain profits on your tax returns? If you count the profits as capital gains, you may only pay 15% tax on those profits. Make sure you don’t pay more taxes than you owe on domain name sales.

Sandra Brooks, author of the Domain Tax Guide specializes in tax planning for domainers. In this invaluable book, Brooks outlines all the details you’ll need for effective tax planning for entrepreneurs who buy and sell domain names.

Learn More About the Domain Name Tax Guide »
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Snapnames Generic/Keyword Showcase Auction – Nov 10, 2009

November 6, 2009

Title: Snapnames Generic/Keyword Showcase Auction

Location:
Snapnames.com

Description:
The Snapnames November Showcase Auction spotlights the best, hand-picked, no and low-reserve Generic and Keyword domains.

Submission criteria:

  • Must be one- or two-word domains.
  • Domains in popular e-commerce and search-engine categories (such as finance, debt relief, jobs or shopping) are preferred.
  • Must be easy-to-remember and easy-to-spell words or phrases.
  • No typos, trademarks, hyphenated or adult domains.
  • Domain traffic and revenue data should be included whenever possible.

Start Date: 2009-11-10
Start Time: 09:00
End Date: 2009-11-12
End Time: 12:00

More information: Snapnames.com

———- Advertisement ———-

How to Account for Domains Sales Profits on Your Tax Returns?
Wondering how to treat domain profits on your tax returns? If you count the profits as capital gains, you may only pay 15% tax on those profits. Make sure you don’t pay more taxes than you owe on domain name sales.

Sandra Brooks, author of the Domain Tax Guide specializes in tax planning for domainers. In this invaluable book, Brooks outlines all the details you’ll need for effective tax planning for entrepreneurs who buy and sell domain names.

Learn More About the Domain Name Tax Guide »
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ICANN Delays Introduction of New gTLDs

November 5, 2009

The Internet Corporation for Assigned Names and Numbers (ICANN), the organization responsible for managing the assignment of domain names and IP addresses, has delayed plans for the release of new gTLD’s (the suffixes on domains, such as .com, .org and .net).
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Snapnames Uncovers Auction Fraud, Fires Exec

November 5, 2009

SnapNames, and Oversee company, has fired a company executive for allegedly bidding on SnapNames auctioned domain names over the past several years, in violation of company policy. The company vows to reimbuse affected customers who may have paid more for domains purchased in SnapNames auctions once it completes a third-party audit.
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