The ultimate real estate tax deductions checklist

  • Saving receipts and calculating deductions is tedious, but the minutes you spend here and there staying organized throughout the year will yield worthy returns.
  • Because real estate agents are almost always independent contractors, they are eligible for savings on self-employment taxes as well as the federal and state tax savings.
  • Consider your eligibility for deductions in various expense categories including branding and advertising, office items, business equipment, continuing education and more.

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

You might have experienced a moment about a month ago when the magic of the holidays had completely disappeared but snow stubbornly remained on the ground in ugly patches — then someone mentioned the word “taxes.” Consider this agent-specific checklist your shiny silver lining.