| Forgive the throw away, but I am in the middle of this now I purchased a domain for my business 10 years ago The domain cost $500,000 The business did well for a while, but eventually died Someone just offered to buy the domain The offer is $1 million But he is offering $1 million in preferred stock in a new company as if I was an investor. He says that the company is worth $10 million So I would be getting 10% ownership of the company - no cash. Do I have to pay taxes on this or can I wait until the stock is public or the company if acquired? Should I ask for stock option instead? How do I ensure I do not lose the domain? Should I lease it for X years with option to buy to ensure if the company goes bankrupt it would not be seen as an asset?
Would leasing affect my taxes? Thank you |