How profitable is domain reselling business?

[Shawn Gossman]

lol... it's not just a feeling, you will go through it. I have plenty experience on that field lol...

Yeah. This house was my dad's. It's all gutted, too. I have a feeling his previous contractor ripped him off.

 

[Shawn Gossman]

If you're thinking of turning domain flipping into a registered business, it's worth checking out how a limited company setup could help with tax and liability stuff - look at this site for detailed info. I went this route last year and it made things easier when dealing with clients and payments. Also gave me a bit more credibility.

Or just go to your state/territory LLC setup for a better experience. Mine in Illinois is through the Secretary of State. I pay $150 to Illinois for an LLC setup in minutes and then $75 per year for Article renewal. Simple process, no middle man.