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Thanks for the information!!!! It helps out a lot.
We currently have nothing in writing and i'm trying to figure out the best way to go about this. It sounds like a royalty would be easier. I've never made more than the standard deduction though. This probably won't tip me over it, i'm not...
This is in Florida.
I recently had a video go viral. A licensing company is going to pay me 70% of the revenue of whatever they sell the video for. I'm splitting this 50/50 with the person in the video (I took the video of a friend). They have agreed to this and have signed a media release...
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