Tag Archives: IRS

Is it a write-off? See which of these 14 expenses agents can deduct at tax time

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A quick reference guide for common real estate agent expenses to help you determine whether or not they are tax-deductible. Continue reading →

8 things agents need to know about filing 2020 taxes

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North Carolina-based tax professional Dalaine Bradley shares what real estate agents need to know about filing taxes in the midst of a pandemic. Continue reading →

The crux of the IC status issue in real estate

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With the possibility of the PRO Act passing, independent contractors face an uphill battle. Here’s how the two primary tests for classifying ICs work, NAR’s response to recent press coverage about the issue and steps real estate professionals can take … Continue reading →

What does the $1.9T stimulus bill mean for real estate?

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More direct checks, rental assistance and expanded unemployment are all included in the massive $1.9 trillion relief package. Continue reading →

Banks get first grab at stimulus checks

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Nothing in the CARES Act precludes banks from garnishing the federal stimulus checks currently being disbursed to Americans. Continue reading →

Want to make your career last? Heed these 3 tips

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The real estate business is often a treacherous one with a high failure rate. What does it take to last in this industry? Here are three tips on how to thrive. Continue reading →

Can you fire independent contractors? Here’s what you should know

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The majority of agents are ICs. Understanding what this classification means — and having a solid independent contractor agreement — is crucial for any brokerage or team. Continue reading →