Open discussion: What do you barter?

Filed in Gather Money Essential by on April 21, 2009 0 Comments

At first I thought about asking “Do you barter?” but then thought the “what” people barter might be really interesting.

The article that inspired this curiosity: Short on cash? Try bartering

“Getting a handle on the growth of bartering isn’t easy. Barter transactions are taxable, but the state Revenue Department doesn’t keep statistics on barter deals.

Craigslist.com reportedly said that bartering ads have risen 100 percent in the last year. And there are other indicators that bartering is on the rise.”

Some of this is business-based, but what about the work trades many of us do simply by being part of a community? You know the ones, where you help your neighbor build a deck, they come over and help you install a patio. Are those considered barters, or is the structure the key?

And how much of this is actually reported to the state Revenue Department? Is that necessary in this economic climate?

This is an open discussion. You’re welcome to link to your related Gather articles or other online resources. Your comments & articles may be quoted on http://minnesota.publicradio.org/your_voice/ or you may be contacted to join the Public Insight Network.

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Julia Schrenkler
Interactive Producer
Minnesota Public Radio
American Public Media
Objects in Mirror

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