Categories
Tax Preparation

101+ Tax Deductions for Real Estate Agents

Tax Deductions for Real Estate Agents

Tax Deductions for Real Estate Agents

Advertising

  • Billboard
  • Brochures
  • Business Cards
  • Copy Editor Fees
  • Direct Mail
  • Email Marketing/Newsletters
  • Graphic Designer Fees
  • Internet Ads
  • Leads/Mailing Lists
  • Marketing Services
  • Networking Events Expenses
  • Postcards
  • Print Ads, Newspapers, Magazines
  • Promotional Marketing
  • Radio Ads
  • Signage/Banners
  • Television Ads
  • Web Design, Hosting & Domain Fees

Health Insurance/Home Office

  • Insurance
  • Mortgage Interest/Rent
  • Property Taxes
  • Repairs/Maintenance
  • Security System
  • Utilities

Business Travel

  • Airfare
  • Car Rental
  • Dry Cleaning/Laundry
  • Lodging
  • Meals
  • Parking/Tolls
  • Taxi, Train, Subway, Bus
  • Tips

Employee Wages

  • Clerical Support
  • Family Members (Kids/Spouse)
  • Payroll Unemployment Taxes
  • Sales Assistant
  • Virtual Assistant

Office Expenses

  • Desk Fees
  • Client Refreshments
  • Copier Fees
  • Janitorial Expenses
  • Bookshelves
  • Chair
  • Desk
  • Filing Cabinets
  • Envelopes
  • Folders
  • Paper
  • Pens
  • Postage
  • Stationery
  • Printer Ink
  • Office Rent
  • Online Storage of Business Files
  • Software Services

Agent Improvement

  • Books (Sales Books, Real Estate Books, Etc)
  • Continuing Education
  • Magazine Subscription
  • Newsletter Subscriptions
  • Sales Training/Coaching
  • Seminars
  • Textbooks/Reference Books
  • Trade Publication

Communications

  • Answering Services
  • Cell Phone Service
  • Fax Expenses/Efax
  • Interactive Voice Response (VR)
  • Internet Service
  • Office Telephone/VOIP
  • Toll-Free Number
  • Start-Up Expenses
  • Costs Incurred Before Going Into Business
  • Organizational Costs

Professional Fees

  • NAR
  • NAREB
  • CREA
  • NAIREB
  • NAEBA
  • Chamber of Commerce
  • Bank Fees
  • Bookkeeping Fees
  • Business Licenses
  • E&O Insurance
  • Franchise/Affiliation Fees
  • Interest in Business Purchase
  • Legal Fees
  • MLS Fees
  • Tax Prep Fees

Auto

  • Business Mileage
  • Parking
  • Tolls
  • Actual Auto Expenses
  • Car Washes
  • Depreciation/Lease Payments
  • Gas
  • Insurance
  • Interest
  • Licenses/Registration
  • Maintenance
  • Repairs
  • Tires

Retirement

  • Defined Benefit Plan
  • Self-Employment Pensions(SEP)
  • Simple IRA
  • Solo 401k

Equipment

  • Briefcase
  • Calculator
  • Camera/Lenses
  • Cell Phone/SmartPhone
  • Cleaning Equipment (Vacuum)
  • Computer
  • Equipment Repair
  • Flashlight
  • GPS
  • Hard Drive/Thumb Drive
  • iPad, Tablet, PC, Android
  • Laptop
  • Lock Boxes/Lock Smith/Keys
  • Maps
  • Printer
  • Scanner
  • Staging Items Furniture
  • Tape Measure
  • Video Camera

Selling Expenses

  • Appraisal Fees
  • CL100 Fees
  • Client Gifts
  • Closing Attorney Fees
  • Concessions
  • Courier Service/Delivery Fees
  • Finder Fees/Referral Fees
  • Home Repairs to Sell Listed Property
  • Home Warranty
  • Inspection Fees
  • Notary Fees
  • Open House Expenses
  • Photo Editing
  • Staging Fees

After having this long list of tax deductions for real estate agents, you may want to do tax preparation outsourcing. Then, contact Unison Globus for your help.