alt Hacker NewsSo of I write a novel and never publish it, how should its value be calculated?
If what matters is actually revenue, well, revenue is already taxed when it’s incurred. Suppose there is no future revenue, do I get the tax back eventually?
So of I write a novel and never publish it, how should its value be calculated?
If what matters is actually revenue, well, revenue is already taxed when it’s incurred. Suppose there is no future revenue, do I get the tax back eventually?
If you never publish it, and it's never published after your death; objectively it produced no income and has a monetary value of $0.
With no offense to you or your novel; I would appraise an unpublished novel by an unknown author at something like $100, which might be too high. Some turn out to be worth much more, but most will be produce $0 or less for the author's estate.