101+ Real Estate Agent Tax Deductions {Infographic}
Chapters
101 Real Estate Agent Tax Deductions
There are a lot of tax deductions Real Estate Agents are not using as tax write-offs. It's important to remember that anything you spend money on for your business as a Real Estate Agent can potentially be used as a tax write-off. Tax laws change often, so whether you're doing your own taxes or using a Certified Public Accountant you'll want to ensure you're using the correct write-offs.
We put together this checklist or cheat-sheet to help Real Estate Agents with their Tax Deductions.
Advertising
- Billboard
- Brochures/Flyers
- Business Cards
- Copy Editor Fees
- Direct Mail
- Email Marketing/Newsletters
- Graphic Designer Fees
- Internet Ads (Facebook, Google, Etc)
- Leads/Mailing Lists
- Marketing Services
- Networking Events Expenses
- Postcards
- Print Ads, Newspapers, Magazines
- Promotional Marketing
- Radio Ads
- Signage/Banners
- Television Ads
- Web Design
- Web Hosting & Domain Fees
Agent Improvement
- Books (Sales Books, Real Estate Books, Etc)
- Continuing Education
- Magazine Subscription
- Newsletter Subscriptions
- Sales Training/Coaching
- Seminars
- Textbooks/Reference Books
- Trade Publication
Auto
- Business Mileage
- Parking
- Tolls
- Actual Auto Expenses
- Car Washes
- Depreciation/Lease Payments
- Gas
- Insurance
- Interest
- Licenses/Registration
- Maintenance
- Repairs
- Tires
Business Travel
- Airfare
- Car Rental
- Dry Cleaning/Laundry
- Lodging
- Meals
- Parking/Tolls
- Taxi, Train, Subway, Bus
- Tips
Communications
- Answering Services
- Cell Phone Service
- Fax Expenses/Efax
- Interactive Voice Response (VR)
- Internet Service
- Office Telephone/VOIP
- Toll-Free Number
Equipment
- Briefcase
- Calculator
- Camera/Lenses
- Cell Phone/Smart Phone
- 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
Employee Wages
- Clerical Support
- Family Members (Kids/Spouse)
- Payroll Unemployment Taxes
- Sales Assistant
- Virtual Assistant
Health Insurance/Home Office
- Insurance
- Mortgage Interest/Rent
- Property Taxes
- Repairs/Maintenance
- Security System
- Utilities
Office Expenses
- Desk Fees
- Client Refreshments (coffee, water, soda)
- 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
Professional Fees
- NAR
- NAREB
- CREA
- NAIREB
- NAEBA
- Chamber of Commerce
- Bank Fees
- Bookkeeping Fees
- Business Licenses
- E&O Insurance
- Franchise/Affiliation Fees
- Interest on Business Purchase
- Legal Fees
- MLS Fees
- Tax Prep Fees
Retirement
- Defined Benefit Plan
- Self Employment Pensions(SEP)
- Simple IRA
- Solo 401k
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
Start-Up Expenses
- Costs Incurred Before Going Into Business
- Organizational Costs
