Any software needed to run your business is fully deductible, including lead generation subscription services such as customer-relationship management (CRM) software and tax software like QuickBooks Self-Employed.
For every 1,000 miles driven, $500 in tax deductions can be produced, but the IRS needs documentation of all business and personal trips. The QuickBooks Self-Employed automatic mileage tracker can help.
Top agent deductibles include: marketing materials; mileage; desk & association fees; home office fees (if you don’t have a desk fee); software & business tools; office supplies; meals & entertainment; and travel
Know how much you really earned for each real estate transaction. Did you know QuickBooks Self-Employed helps you easily record commissions and expenses for each listing—plus, you can also deduct the cost of them?