9 Tax Deductions for Real Estate Agents & Brokers

Пікірлер: 31

  • @everythingej698
    @everythingej69810 ай бұрын

    Thank you so much! Extremely helpful!

  • @adriannerossbach2080
    @adriannerossbach20802 жыл бұрын

    Very helpful thank you for providing such value to all of us!

  • @clairemoore9012
    @clairemoore9012 Жыл бұрын

    Thank you for your time and information!

  • @FinancialFreedomMadeSimple
    @FinancialFreedomMadeSimple2 жыл бұрын

    Thanks for the discussion.

  • @grameenagro8342
    @grameenagro8342 Жыл бұрын

    Thanks for step by step process tax deducted real estate agents and brokers. Wish you good luck

  • @michelletxrealtor
    @michelletxrealtor2 жыл бұрын

    Amazing video, thank you

  • @mr.m8088
    @mr.m80883 ай бұрын

    Very helpful and informative

  • @jeffreyalmaraz1007
    @jeffreyalmaraz10072 жыл бұрын

    This channel is so underrated, he deserves a million subscribers

  • @lekollavia5795
    @lekollavia57952 жыл бұрын

    Thank you so much for this amazing video. Can we have one about the travel nurses, what they can deduct?

  • @albertoestrella4261
    @albertoestrella42613 ай бұрын

    Great tips

  • @vee8599
    @vee85995 ай бұрын

    Can I still claim anything, brand new agent haven’t made anything but I also paid a lot in fees and some start up costs

  • @obijohns6197

    @obijohns6197

    3 ай бұрын

    why claim if you have no income, that means you have no taxes to pay either

  • @Drakemorel
    @Drakemorel3 ай бұрын

    How would you go about getting a verified or “approved” amount for depreciation for a vehicle?

  • @tintedeyez
    @tintedeyez Жыл бұрын

    Can you do one of these episode for IT/ cybersecurity professionals?

  • @andrewcoon192
    @andrewcoon1922 жыл бұрын

    Great video

  • @LYFEAccounting

    @LYFEAccounting

    2 жыл бұрын

    Thank you, Andrew! I put a lot of effort into it. Are you currently a real estate agent?

  • @LSUguy22693
    @LSUguy226932 жыл бұрын

    Great video! Just a heads up, I believe business meals in a restaurant are 100% deductible through the end of 2022.

  • @user-kp5rv5ev9g
    @user-kp5rv5ev9g6 ай бұрын

    What about if you did not make any sales this year but paid your dues

  • @lifewithkyla

    @lifewithkyla

    5 ай бұрын

    Wondering the same thing

  • @robbdob
    @robbdob3 ай бұрын

    Would a $500 closing cost credit count as a gift since it chnaged my gross?

  • @erickramos6329
    @erickramos63292 жыл бұрын

    Please do a tax deduction video for Restaurant owners

  • @luisortiz15
    @luisortiz158 ай бұрын

    Can we deduct our clothing?

  • @richardhandler8599
    @richardhandler85992 жыл бұрын

    With the vehicle tax deduction you mentioned the price of the car. Is there a price cap where you can no longer write off the vehicle expenses? Such as a 70-90k vehicle

  • @livingincharlestonwv5517

    @livingincharlestonwv5517

    Жыл бұрын

    To get a vehicle write-off, the vehicle has to be 6000 lbs or more. Has to be a primary work vehicle. Let's say you trade in your current vehicle, which is worth $30k. Then let's say you buy a $60k vehicle. You can write off $30k (difference between trade-in and total purchase price)

  • @jessicadawson2302
    @jessicadawson23022 жыл бұрын

    Can you make a tax write off for LLC truckers owner ops, filing single member LLC

  • @LYFEAccounting

    @LYFEAccounting

    2 жыл бұрын

    That’s actually on my list!

  • @mide5090
    @mide50902 жыл бұрын

    Do I need a separate bank account, business credit, business credit card for all these expenses as a real estate agent?

  • @livingincharlestonwv5517

    @livingincharlestonwv5517

    Жыл бұрын

    Yes

  • @mikecoughlin4128
    @mikecoughlin41282 жыл бұрын

    A topic for you to consider for a future video. We are in our late 50s, no car payments, house will be paid off in about 2 years, wife is retired and working part time, I work full time with a good salary. Once house is paid should we put that money back into real estate in a new house, rental property, retirement funds, or ? Speaking from a tax perspective. Thanks.

  • @stanleynowak9325
    @stanleynowak93256 ай бұрын

    Okay, I am looking at over one million in GCI next year. This video assumes I am a loser.

  • @JPS95gti
    @JPS95gti Жыл бұрын

    There's no F in wealth