Tax Tips for Real Estate Agents 

tax tips for real estate

Are you in-the-know on tax breaks for real estate agents?

Since real estate agents are often self-employed, there are many business expenses that can be considered for tax deductions. According to the IRS, real estate agents can deduct any business expense that is both ordinary and necessary to make a profit.

Some IRS approved deductions include:

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6 Ways to Find Your Real Estate Niche

Real Estate Agents don't have to be the jack of all trades. Identify ways to find your real estate specialty.

Real Estate Agents don’t have to be the jack of all trades. Identify ways to find your real estate specialty.

The most successful real estate agents typically aren’t jacks of all trades. They have a specialty, or a niche. When you become an expert in a specific area, you’re better positioned to serve clients seeking your specific knowledge and have a valuable tool for marketing your services. Read on for 6 ways to identify your real estate niche.

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5 Steps to Developing Your Real Estate Business Plan

real estate business plan

Real estate strategies on paper lead to ideas becoming reality.

Real estate business plans may cover your business entirely, or they focus on a specific service. They can outline an income goal or be used as a monthly work plan that evolves. Regardless of how you use them, the importance of a real estate business plan is simple: strategies on paper lead to ideas becoming reality. That paper then acts as a guiding document coaching you along the road to success.

While it may sound easy, there are goals, strategies and tactics that need to be identified. You need to know where you are at the moment compared to where you want to be. Let’s take a look at necessary steps you need to take when drafting your first real estate business plan:

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Maximize Your Real Estate Marketing Plan

real estate marketing plan

Real estate is a people’s business, built on relationships, customer service and great marketing.

Real estate is a people’s business, built on relationships and customer service. But how do you nurture relationships with customers? And more importantly, how do you get in front of them in the first place? Here are some effective real estate marketing strategies to build into your annual plans.

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