Drive Over 10,000 Miles a Year?
If so, you'll probably get the biggest tax benefit by taking the standard mileage deduction, rather than claiming your actual...
Tip of the Day
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Deduct Your Software
Software like QuickBooks Self-Employed can help you automatically track your expenses and mileage. You can deduct the cost of the...
4 Steps to a Powerful Elevator Pitch for Your Business
When you become a real estate agent, you should have an elevator pitch ready to go wherever you are. Here's...
Are You Winning Listings Like a Machine?
When building a booming real estate business, it’s all about the listings. Follow these 4 steps to get more listings...
3 Deduction Rules You Need to Know
To claim a real estate expense on your taxes, it has to be: 1. An ordinary and necessary expense for...
Why Set Up a Business Bank Account?
A business bank account helps you keep business and personal transactions separate. That way, you can easily track your deductible...
Want to Deduct Your Miles? Keep a Log
The IRS requires you to keep a record of your business trips, including the date, time, mileage, and business purpose.
Professionalism 101
If you're looking to add another certificate to your wall, NAR has an endorsement for members who have made the...
Got a High Car Payment?
You might get a bigger deduction by claiming your actual expenses—like lease payments, gas, depreciation, insurance, and repairs—rather than taking...
Higher Income, Higher Audit Risk
If you make over $200k, your risk of an audit doubles from .85% to 1.75%, according to a 2014 IRS...
4 Vital Metrics to Assess Your Team’s Business
Though many have tried, no one has yet succeeded in turning the practice of buying and selling homes into an equation that can be worked out and solved on paper. Read more.
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