A very successful real estate agent told me that the secret to her success was this: “Never eat alone.” When I asked her what that meant, she elaborated, “No one makes a sale eating by themselves. You’re going to eat anyway - do it forming relationships that generate the referrals and close the deals. Plus, you get to write off every meal!”
As a real estate agent, you spend a lot of time meeting with clients, prospective clients, and networking partners. Hopefully, all these coffee house breakfasts and buffet lunches are generating listings and real estate closings. But, are these business meals cutting your tax bill?
Twenty-plus years of preparing real estate agent tax returns reveal that for most the answer is a resounding “NO.”
Why Real Estate Agents Lose Business Meal Deductions: Three reasons:
This is why we created the Real Estate Agent: Business Meals Deduction course and why you will find it such a valuable asset.
In this course you will learn to:
We want you to keep more of your hard-earned money where it belongs: In YOUR pocket, and there’s only one way to do that: Maximizing Legitimate Tax Deductions. Cut your largest expense, TAXES!
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.
Great line by line instructions and explanation of the 3115. I had never never to prepare the 3115 in the past-- the videos have the confidence it was done correctly. Thank you!
- Kevin, San Mateo, CA, Correcting Depreciation Errors - Using Form 3115 CourseGreat course!
- Donna L, Phoenix, AZ, 1099-NEC & 1099-MISC Course (Training Edition) CourseThis course package is thorough and will give you a solid handle on how to optimize your business expenses to minimize your taxes and keep appropriate records to handle any IRS challenges. Only want to dive into a particular topic? Jump to that video and scan forward to where your issue is addressed. Or watch the whole series to learn it all!
- Josh, Charles Town, WV, Real Estate Agent Tax-Cut Library, Agent Edition CourseI took the course last weekend and it was excellent. I’ve also had a couple of e-mail exchanges with Brett to clarify a few things, which I really appreciated. I found the class to be very easy to understand. I do have a finance background, but I think it would be comprehensible to people who don’t. I will recommend that the next Treasurer of our HOA take the course when he/she takes over.
- Nancy S, Glenview, IL, 1120-H Basics CourseJoin our email newsletter for $30 off of your first course!
Always Spam Free + Simple Unsubscribe