Standard Mileage Deduction
If you drive 10,000 miles or more per year for your real estate business, it’s likely you’ll get the greatest tax benefit by taking the standard mileage deduction.Why You Should Have a Business Account
Agents who set up separate business bank accounts can track their transactions easier, especially if they also use expense tracking software like QuickBooks Self-Employed.Maximize Deductions and Minimize Expenses
Qualified deductions like mileage, meals, and entertainment are all set by the IRS. Consult IRS publication 334 for small businesses and make sure you keep records and files of all expenses.Office Supply Deduction Tip
Large office purchases can be expensed in full, or depreciated over a number of years. This includes furniture, fax machines, copiers, computers, or your telephone and associated bill.Deduct Your Computer Expenses
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.
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
Read more.
Provided by
