The Girls' Mom Posted January 27, 2010 Share Posted January 27, 2010 I just asked a piano teacher if she was interested in bartering. It felt weird to do it, but I'm willing to, if it means reduced lesson fees :) Anyway, I was just curious if that is still done anywhere any more? Could it be coming back into style with the economy? Quote Link to comment Share on other sites More sharing options...
Jyniffrec Posted January 27, 2010 Share Posted January 27, 2010 Oh, yes, they certainly do! There are whole bartering groups in larger cities. My friend barters for everything from ballet lessons to building materials. Don't feel shy at all about it! Quote Link to comment Share on other sites More sharing options...
Melissa in St Louis Posted January 27, 2010 Share Posted January 27, 2010 Definately! A friend of mine barters with the piano teacher we both go to, and I am making a wedding cake in return for a spiffy new website! WooHoo! I see lots of things on Craigslist re: bartering. Quote Link to comment Share on other sites More sharing options...
elegantlion Posted January 27, 2010 Share Posted January 27, 2010 Yes!:D Quote Link to comment Share on other sites More sharing options...
Heather in OK Posted January 27, 2010 Share Posted January 27, 2010 We do sometimes with clients! :) Quote Link to comment Share on other sites More sharing options...
swellmomma Posted January 27, 2010 Share Posted January 27, 2010 I still do. My kids could not have access to all they have if I didn't. It is how I had them in baseball, gymnastics field trips etc. I trade for volunteer hours mostly, but it means the fees get drastically reduced or completely waived. If I think there is a chance to reduce fees or waive them I simply ask. THe worst that can happen is I get told no, most of the time I am able to make some sort of arrangements to make it affordable enough to let my kids participate. Quote Link to comment Share on other sites More sharing options...
rookie Posted January 27, 2010 Share Posted January 27, 2010 Just did this morning! Tennis for Spanish!! :001_smile: Quote Link to comment Share on other sites More sharing options...
Puma Mom Posted January 27, 2010 Share Posted January 27, 2010 I bartered with a friend a few years ago. She got math and science tutoring for her high school dd, and I got an amazing dinner for my family. My dc still talk about Mrs. C's chicken pot pie! I actually suggested it when she was looking for a tutor. I knew that her finances were tight and that she was an awesome cook. Quote Link to comment Share on other sites More sharing options...
Desert Rat Posted January 27, 2010 Share Posted January 27, 2010 I used to barter childcare for car repairs. Worked great for us! Quote Link to comment Share on other sites More sharing options...
Sophia Posted January 27, 2010 Share Posted January 27, 2010 Oh yes! We have paid for two sets of braces through bartering...our orthodontist was a customer of dh's before dc needed braces and he was glad to work out a deal.:party: Quote Link to comment Share on other sites More sharing options...
Matryoshka Posted January 27, 2010 Share Posted January 27, 2010 I know our piano teacher barters. My pilates teacher does too. Too bad I don't have anything I can think of to barter with... :tongue_smilie: Quote Link to comment Share on other sites More sharing options...
BikeBookBread Posted January 27, 2010 Share Posted January 27, 2010 Not specifically bartering (goods for services, etc.) but my husband is a great one for making offers, or asking for extras at privately-owned furniture stores, bike shops, etc. We've received free delivery, extra bike goodies; you never know until you ask! Quote Link to comment Share on other sites More sharing options...
kalanamak Posted January 27, 2010 Share Posted January 27, 2010 Does one pay taxes on bartered services? Quote Link to comment Share on other sites More sharing options...
Tap Posted January 28, 2010 Share Posted January 28, 2010 My dentist has offered to accept barters from us for payment. He decided to not be on my insurances preferred provider list, and offered to let me barter the difference (over $400 per year :ack2: on just our cleanings alone). I think I will just change to an office that accepts my insurance but it was a nice suggestion. Quote Link to comment Share on other sites More sharing options...
Crissy Posted January 28, 2010 Share Posted January 28, 2010 Yes. In fact we are currently bartering large format printing for a family vacation at a golf resort in Arizona. We have also exchanged graphic design work for some of our kitchen remodel work, and we often trade photography services for other services or experiences. Quote Link to comment Share on other sites More sharing options...
Crissy Posted January 28, 2010 Share Posted January 28, 2010 (edited) Does one pay taxes on bartered services? Yes, based on the value of products/services received. ETA: Here is a link to the IRS explanation. Edited January 28, 2010 by Crissy Quote Link to comment Share on other sites More sharing options...
Tap Posted January 28, 2010 Share Posted January 28, 2010 Does one pay taxes on bartered services? I don't know what the law it, but I am ethically against collecting/paying taxes on the service portion of a transaction, if it was done outside of an established business. For the exchange of goods... if the goods were part of tax write off or exemption, taxes should be assessed, but not on the services portion IMHO. It the goods were never part of a tax system, they should not be introduced to the tax system. IE. If a farmer has a business and deducts the cost of the seeds/equip/land from his business expenses...he should not barter tax-free with those fruits/veg etc. If he personally buys his own seeds and grows a few veggies to barter with...I don't expect taxes to be assessed. I don't think a mom bartering daycare with another mom's baking cinnamon rolls should be taxed unless one or the other has claimed a tax deduction due to the effort. Quote Link to comment Share on other sites More sharing options...
Joanne Posted January 28, 2010 Share Posted January 28, 2010 A few years ago, I bartered childcare for speech therapy for my son. Quote Link to comment Share on other sites More sharing options...
HomeOnTheRanch Posted January 28, 2010 Share Posted January 28, 2010 A doctor who I know very well is getting ready to start up his own private practice. No insurance or gov't payments--low cash or barter only. Tax guy told him that barter is taxable, but he is allowed to assign whatever value to the bartered item/service that he wants/can justify. Quote Link to comment Share on other sites More sharing options...
MelanieM Posted January 28, 2010 Share Posted January 28, 2010 I love to barter! I've bartered baby carriers, Reiki, coaching services and web design for things like hand-made clothing, jewelry, curriculum, homeopathic consults, cloth mama pads... I've had many wonderful experiences with bartering. Quote Link to comment Share on other sites More sharing options...
newbie Posted January 28, 2010 Share Posted January 28, 2010 I love bartering whenever possible. I used to barter for hair services when my hair stylist was my skincare client. Quote Link to comment Share on other sites More sharing options...
Kate in Arabia Posted January 28, 2010 Share Posted January 28, 2010 My dad is a lawyer and has bartered his services frequently over the years. I don't personally know how he handled taxes, but I imagine in his case it would be fairly straightforward to report. What I'm wondering is how people deal with billing friends. I assume my dad did, but I can remember *many* middle of the night phone calls from friends whose kids were in trouble -- I wonder if my dad billed them for that, how awkward that was, etc. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.