Realtor, do you know what your largest annual expense is? It's not signs or marketing materials. It's not the amount you spend traveling around showing listings. As a realtor, your greatest expense will be the amount of taxes you owe annually! We have created this library to help you reduce your taxes!

All commission-earning realtors have something in common – the U.S. Tax Code considers each of you a Statutory Nonemployee. What does this mean? It means that realtors paid by commission can be treated as independent contractors by their brokers. If that's you, congratulations! You’re a business owner!

Being in business has many opportunities and an equal number of challenges. Like any ambitious business owner, you invest a great deal of time and energy creating and mastering opportunities: honing sales skills, working networks, and building your brand. But, how much have you invested in meeting a major challenge all successful Realtors face: Cutting your most significant expense – Taxes! What are you doing to keep the income you work so hard to earn?

How much do Realtors spend on taxes? Every $100 of sales commission not offset by legitimate deductions costs the average realtor $22 in federal income tax and $15 in self-employment tax. That’s $37 per $100, or 37%! And it gets worse. If you live in a state that has an income tax, they also get a cut. Depending on the state you live in, every $100 will cost you another $3 and $13 in state tax! Add federal and state tax together, and you’re giving between 40% and 50% of every $100 you earn to the government! That’s real money! Money to grow your business, pay-down your mortgage, fund your retirement, even take a well-deserved vacation!

Every $100 of sales commission not offset by legitimate deductions costs the average realtor $22 in federal income tax and $15 in self-employment tax. That’s $37 per $100, or 37%!

Let’s Cut Those Taxes! Taxed enough already? Start working for yourself and your family, not the IRS! That’s why we created the Realtor: Comprehensive Tax Cut library: TO CUT your largest expense: Income Tax!

Our Realtor: Comprehensive Tax Cut library is an INVESTMENT that teaches everything you need to understand about the taxation of your business. The library is a searchable video training course that covers every possible deduction common to realtors, breaking down complex tax principles so you keep more of your hard-earned income. It’s also tax deductible! As soon as it finds you $375 in deductions, the tax savings makes it FREE!

The Realtor: Comprehensive Tax Cut library is an absolute necessity for realtors who self-prepare their returns and a great investment for those who outsource tax preparation. It’s also the perfect training tool and comprehensive reference for tax professionals who work with realtors.

Here’s a quick overview of what's included in the Realtor: Comprehensive Tax Cut Library:

  • Over EIGHT HOURS of video-based training covering everything you need to know to cut your largest expense TAXES!
  • A reference library structured like a college course covering all deductions in the order they appear on Schedule C (the tax form self-employed realtors must file).  More importantly, it is a SEARCHABLE LIBRARY - allowing you to quickly find valuable how-to information on the deduction you are interested in.
  • Hobby vs. Business: Understanding the difference. Making sure you are legitimately in business and not just “dabbling” to keep your license active. There’s a big difference in the tax code.
  • Bookkeeping: Simple yet efficient and effective techniques that make the best use of your time (SELLING REAL ESTATE) while ensuring you never miss a single deduction.
  • Recordkeeping: audit-proofing every deduction you take so you have what you need to substantiate your deduction should the IRS come knocking.
  • A line-by-line explanation of EVERY deduction on Schedule C, Profit, and Loss from Business, as they apply to realtors.
  • Special emphasis on the following deductions common to realtors: AUTO & HOME OFFICE (160+ Minutes), BUSINESS MEALS (30+ Minutes), BUSINESS TRAVEL (53+ minutes).

Broker Edition license is good for unlimited access for up to 20 users.

All courses and articles are for informational purposes only and do not constitute tax advice. Taxes are complicated - do not act on course information without consulting a professional. Always refer to treasury regulation before making any tax decision. Read the full disclaimer.

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