Tax Deductions for Real Estate Agents
Some deductions that may be available to real estate agents include:
Memberships to unions and professional associations;
Annual certificate of registration;
Conferences, seminars and training courses and travel associated with their attendance;
Cost of advertising;
Newspapers and magazines with property listings;
Travel to inspections and openings;
Commissions on referrals.
Real estate agents may also be entitled to general tax deductions that are not work specific, such as investment deductions or car expenses deductions.
Tax Focus is a Registered Tax Agent and Certified Public Chartered Accountant. With over 20 years of combined tax experience our tax agents are ensuring that you get the biggest tax refund possible.
With offices located in Bondi Junction and Sydney CBD, we are conveniently positioned to provide tax accounting services to Sydney’s Eastern Suburbs, Sydney CBD and surrounding suburbs.
Contact us to see how we can help.