Are you a realtor, working for yourself, and looking for a complete list of realtor tax deductions?
Then you’re in the right place!
I’ve worked with thousands of small business owners (including many realtors!) over the years, and today I’m sharing this helpful list to give you some clarity.
Here we go…
List of Realtor Tax Deductions:
- Professional dues and licenses (like MLS fees, state licenses renewals, professional memberships and membership fees to non-profit organizations)
- Professional subscriptions
- Desk fees
- Office rental (or co-work space)
- Location rental * when hosting events
- Legal fees
- Home office *
- Home office utilities *
- Postage & delivery
- Private mailbox fees
- Business coaching and consulting
- Office furniture
- Bookkeeping software (such as QuickBooks Onlineor FreshBooks)
- Your blog theme and purchased plug-ins
- Your hosting (such as BlueHost)
- Your domain
- Any web design services or maintenance
- Professional photography for promotional materials
- Professional videography for promotional materials or training you offer clients
- Professional conferences and workshops admission (local and far)
- Lodging, transportation & travel costs to professional events *
- Graphic design
- Purchased fonts and stock photography for website or marketing materials
- Food (for hosted gatherings or open houses, etc.) *
- Cell phone
- Continued education
- Editing of photos and videography for marketing materials *
- Virtual assistants
- 1099 subcontractor staff
- +21 more realtor tax deductions (download your beautiful, free checklist to get access to these 21 additional deductions below)
To get the complete tax deduction list with 21 more realtor tax deductions, make sure you download your free checklist here:
A few things to note…
First, it’s a pretty extensive list, huh? 🙂 So, make sure you download your copy and save it for easy reference!
Second, you may have noticed asterisks after a few deductions on the list above. Essentially, these deductions require a little extra precaution. They can certainly fly as legitimate realtor tax deductions, but you want to make sure you understand the legal requirements of the deduction in-question, and keep specific records to safeguard the particular deduction during an audit. (Personally, I think potentially saving thousands of dollars every year is always worth a little extra effort.)
If you have questions about how to qualify for, claim, or calculate a specific deduction for your business, I offer thirty-minute and one-hour consultations to help you get the clarity you need and would love to help you.
Hopefully this list gives you a better idea of what you can and can’t write off as a realtor!
Now Over To You…
Did anything about this realtor tax deduction list surprise you? Do you have any questions? Share your thoughts in the comments below!