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• Other Deductible Expenses on Schedule C Real Estate Agents & Small Business Owners Here is a non-inclusive list of everyday real estate expenses that get deducted as Other Expenses (and some outlays that are not deductible at all). Published: 10/29/2020 - Edited: 11/09/2020
• Deducting Wages, Real Estate Agents & Schedule C Understanding wages deducted by self-employed Real Estate Agents. Published: 10/21/2020 - Edited: 10/22/2020
• Deducting Utilities, Real Estate Agents & Schedule C Deducting utilities on your Schedule C is relatively straightforward but determinig where they get deducted depends on the location of the utilities. Published: 08/24/2020
• Introducing IRS’s New Form 1099-NEC, Nonemployee Compensation What’s is Form 1099-NEC? A brief explanation of this new (not new) form. Published: 08/05/2020 - Edited: 08/20/2020
• State Form 1099-NEC & Form 1099-MISC Filing Requirements A quick summary of state requirements for Form 1099-MISC & 1099-NEC. Published: 08/05/2020 - Edited: 01/24/2022
• Deducting Business Meals, Real Estate Agents & Sole Proprietors In this article, we’ll discuss what business meals are deductible and, in the process, address some of the misconceptions surrounding deducible business meals. Published: 07/22/2020 - Edited: 07/25/2022
• Deducting Domestic Travel Part Four: Substantiating Business Travel Deduction In this, our final travel article, I'll provide tips on substantiating your travel deduction. Published: 06/22/2020 - Edited: 06/24/2020
• Deducting Domestic Travel Part Three: Deductible Expenses In this article, we'll discuss when and what travel costs are deductible. Published: 06/15/2020 - Edited: 07/25/2022
• I’m a Real Estate Agent, Do I Qualify for the 20% Income Deduction? The vast majority of self-employed real estate agents will qualify for the 20% Income Deduction! Here's how. Published: 06/14/2020 - Edited: 07/15/2022
• Deducting Domestic Travel, Part Two: Maximizing Business Days In this article, we will dig a little deeper into the pivotal and most challenging test to pass, number four - Primary Business Purpose. Published: 05/26/2020 - Edited: 06/26/2020
• IRS Announces That Forgiven Payroll Protection Loans are Back-Door Taxable Many business owners are wondering if taking a PPL made good business sense. Published: 05/01/2020
• Deducting Travel Expenses as a Real Estate Agent, Part One: The Four Tests This article explains four criteria required for trips to meet the IRS definition of deductible business travel. Published: 04/27/2020 - Edited: 06/26/2020
• Helping the Homeless Receive Economic Impact Payments This article will discuss how to get CARES Act funds to many who desperately need them but are unable to obtain them on their own: The homeless. Published: 04/20/2020 - Edited: 04/27/2020
• CARES Economic Impact Payments, Many May Have to Wait This article will discuss why many of the Coronavirus Aid, Relief, and Economic Security Act (CARES) payments will take much longer to disburse than intended. Published: 04/09/2020 - Edited: 04/11/2020
• Free Tax Organizer for Real Estate Agents The Real Estate Agent Tax Organizer is a fillable pdf file that contains every deduction-line on Schedule C. It also includes a section for Auto Mileage and expenses, and a complete Home Office Section. Published: 01/22/2020 - Edited: 04/30/2025
• 2019 Year-End Business Tips & Reminders The new year is almost here, get your ducks in a row now with our VERY THOROUGH Year-End Business Newsletter. Published: 12/23/2019
• Qualified Residence Indebtedness Exclusion Retroactively Extended for 2017, 2018, and 2019 This article will discuss the challenge faced by those who owe more debt on a home than the home is worth and an overview of remedies to avoid taxes on that debt. Published: 12/23/2019
• Real Estate Agents, Deducting Taxes and Licenses on Schedule C This article will help you accurately report tax and license costs on Line 23 (and make sure you do not expense costs that are illegal to deduct). Published: 12/23/2019 - Edited: 04/20/2020
• Real Estate Agents, Deducting Supplies on Schedule C Items that are regularly consumed by your business are supplies and are generally deductible in the year of purchase. Published: 12/05/2019
• Real Estate Agents, Deducting Repairs and Maintenance With a few exceptions, items deducted as repairs and maintenance are pretty straight-forward. Published: 11/29/2019 - Edited: 04/20/2020
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