Ask HN: Place for developers & designers to barter small units of work? • Hacker News Board

Re: Ask HN: Place for developers & designers to barter small units of work?

#11

Post by [deleted] » Mon, Nov 22, 2010, 5:19 AM UTC

_ouxp wrote: post #5

It's a great idea for a founder who isn't a U.S. citizen or national. Sadly: The IRS requires barter value to be reported as income: http://www.irs.gov/taxtopics/tc420.html and barter exchanges have to send out 1099s: http://www.irs.gov/businesses/small/article/0,,id=113437,00....

[deleted]

Re: Ask HN: Place for developers & designers to barter small units of work?

#12

Post by [deleted] » Mon, Nov 22, 2010, 5:34 AM UTC

[deleted] wrote: post #11

_ouxp wrote: post #5

It's a great idea for a founder who isn't a U.S. citizen or national. Sadly: The IRS requires barter value to be reported as income: http://www.irs.gov/taxtopics/tc420.html and barter exchanges have to send out 1099s: http://www.irs.gov/businesses/small/article/0,,id=113437,00....

[deleted]

[deleted]

Re: Ask HN: Place for developers & designers to barter small units of work?

#13

Post by ndaugherty18 » Mon, Nov 22, 2010, 5:49 AM UTC

We use each others wisdom all the time at the co-working facility I frequent.

I wouldn't call it bartering but knowledge transfer or "mentoring"

Re: Ask HN: Place for developers & designers to barter small units of work?

#14

Post by jgv » Mon, Nov 22, 2010, 6:41 AM UTC

Forrst is a community that has both designers and developers interacting, although it's not explicitly about bartering.

http://forrst.com

Re: Ask HN: Place for developers & designers to barter small units of work?

#15

Post by tdavis » Mon, Nov 22, 2010, 2:44 PM UTC

Not yet, but we're building it!

http://swaptitude.com

Re: Ask HN: Place for developers & designers to barter small units of work?

#16

Post by tdavis » Mon, Nov 22, 2010, 2:50 PM UTC

_ouxp wrote: post #5

It's a great idea for a founder who isn't a U.S. citizen or national. Sadly: The IRS requires barter value to be reported as income: http://www.irs.gov/taxtopics/tc420.html and barter exchanges have to send out 1099s: http://www.irs.gov/businesses/small/article/0,,id=113437,00....

In the process of building such a service, we've already spoken to a couple lawyers about these issues and it's quite a legal gray area right now. We're working on ways to structure the system to avoid these particular requirements, at least in the short term. It really comes down to how you implement the bartering platform itself as well as the terms under which exchanges are made.

Re: Ask HN: Place for developers & designers to barter small units of work?

#17

Post by unignorant » Tue, Nov 23, 2010, 1:41 AM UTC

Inspired by this post, I built http://hacklikeme.heroku.com/ this afternoon.

More details here: http://news.ycombinator.com/item?id=1931985

Re: Ask HN: Place for developers & designers to barter small units of work?

#18

Post by jayliew » Tue, Nov 23, 2010, 4:50 AM UTC

_ouxp wrote: post #5

It's a great idea for a founder who isn't a U.S. citizen or national. Sadly: The IRS requires barter value to be reported as income: http://www.irs.gov/taxtopics/tc420.html and barter exchanges have to send out 1099s: http://www.irs.gov/businesses/small/article/0,,id=113437,00....

http://www.thesuperfluid.com/

I saw this as a response to my question on Quora .. I wonder how they do it

Re: Ask HN: Place for developers & designers to barter small units of work?

#19

Post by abulafia » Tue, Nov 23, 2010, 4:31 PM UTC

jayliew wrote: post #18

_ouxp wrote: post #5

It's a great idea for a founder who isn't a U.S. citizen or national. Sadly: The IRS requires barter value to be reported as income: http://www.irs.gov/taxtopics/tc420.html and barter exchanges have to send out 1099s: http://www.irs.gov/businesses/small/article/0,,id=113437,00....

http://www.thesuperfluid.com/ I saw this as a response to my question on Quora .. I wonder how they do it

superfluid has functionality for commercial (with IRS-reporting, per jambo) and non-commercial efforts. So it handles both the barter exchange and favor-bank sort of model. -The IRS has exclusions for non-commercial services.

superfluid:p2p is international, superfluid:business is US-only, for now.