Top Ten Tax Deductions for Real Estate Agents
Now that we’ve entered the tax season, it is time to think about tax deductions.
Qualifying As a Real Estate Pro Requires Good Recordkeeping
When it comes to taxes, real estate professionals have one thing going for them that no one else has: They can qualify for a special exemption from the IRS passive loss rules.
Tax Deductions Real Estate Agents Often Overlook
Every year, thousands of real estate professionals pay more tax than they need to because they fail to take all the deductions to which they are legally entitled.
Can You Deduct the Costs of the Real Estate License Exam?
Can you deduct the cost of studying for and taking the real estate agent exam in your state? Unfortunately, the answer is no.
Husband and Wife Real Estate Agent Team: Beware the Tax Issues
There are lots of real estate agents who team up with their spouses.
Can a real estate agent deduct the cost of "looking good"?
When you're a real estate agent, you need to keep up a professional appearance. This means spending money on things like clothing and getting your hair done. Can you deduct these expenses?
Real Estate Agent Special Classification Rules For Independent Contractor Status
Times are tough for many real estate agents. As a result, many agents are working at additional jobs as employees, often full-time, and carrying out their real estate sales activity on the side.
Is Your Real Estate Sales Activity a Business?
In these tough times for real estate sales, many real estate agents are earning little or no income.