Are You Tracking Your Profit?
Know how much you really earned for each real estate transaction. Did you know QuickBooks Self-Employed helps you easily record...
Business Tip of the Day
Spend A Lot of Time in Your Car?
For every 1,000 miles driven, $500 in tax deductions can be produced, but the IRS needs documentation of all business...
Audit Advice – True or False: You’re more likely to be audited it you don’t report adjusted gross income.
True. You're 5x more likely to be audited if you don't report AGI (5.26% compared to .85%, according to the...
Real Estate and Retirement
A retirement plan that works well for real estate agents is the Solo 401(k), which allows you to save up...
Know Your Deductibles
Top agent deductibles include: marketing materials; mileage; desk & association fees; home office fees (if you don't have a desk...
Marketing and Advertising Deduction Tip
Did you know that production costs such as writing and design fees, whether the materials are produced by an agency...
Find Other Home Office Deductions
Whether you're taking desk fees or home-office deductions, you can still claim other office-related expenses, including: stationery, photo copies, and...
Home Office Deduction: Simplified or Regular?
If you have a particularly large home office, or live in a very high-cost area, the regular method—in which you...
How Much Can You Deduct for Business Gifts?
A. $25; B. $20; C. $35; D. $30. Answer: A. You are allowed to deduct up to $25 for business-related...
Association Fees: Did You Know?
While real estate association fees are deductible, fees associated with lobbying and political advocacy are not.
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Most brokerages take weeks to onboard new agents. CYPHER Learning builds agent-ready courses in minutes, tracks CE credits automatically, and scales training across every office. See how CYPHER works for real estate →
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