100 Tax Deductions for Real Estate Agents / Realtors

Technology and Online Tools

1. Website domain and hosting fees

2. Software subscriptions (e.g., CRM tools, Microsoft Office)

3. Virtual tour and video production software

4. Social media management tools (e.g., Buffer, Hootsuite)

5. SEO (Search Engine Optimization) services

6. Email marketing platforms (e.g., Mailchimp, Constant Contact)

7. Internet service (home office portion)

8. Real estate mobile apps or subscriptions

Travel and Transportation

1. Mileage (standard IRS rate)

2. Gasoline expenses

3. Tolls for business travel

4. Parking fees

5. Lease payments for a business vehicle

6. Vehicle depreciation

7. Car insurance (business use portion)

8. Vehicle registration fees

9. Roadside assistance programs (e.g., AAA)

10. Maintenance and repairs for your business vehicle

Office Setup and Supplies

1. Home office deduction (percentage of home expenses)

2. Utilities for a home office (electricity, water, heating, AC)

3. Office furniture (desk, chair, shelves)

4. Office decorations (plants, artwork)

5. Office supplies (notebooks, pens, paper)

6. Printer and scanner purchases or rentals

7. Printer ink and toner cartridges

8. Filing cabinets or storage units

9. Postage and mailing supplies

10. Cleaning supplies or cleaning service for an office

Marketing and Branding

1. Business cards and stationery

2. Promotional giveaways (e.g., branded pens or mugs)

3. Flyers, brochures, or direct mailers

4. Professional real estate signs and frames

5. Digital advertising (Google Ads, Facebook Ads, Reddit Ads)

6. Social media ad campaigns

7. Photography for listings

8. Video production for property tours

9. Staging costs for homes you’re selling

10. Paid leads or listing services (e.g., Zillow, Realtor.com)

Education and Professional Growth

1. Real estate continuing education courses

2. Real estate exam fees

3. Licensing or renewal fees

4. Seminars, workshops, or conferences

5. Books, eBooks, or industry magazines

6. Coaching or mentorship programs

7. Memberships to professional organizations (e.g., NAR)

Client and Networking Expenses

1. Meals with clients (50% deductible)

2. Coffee or drinks for client meetings

3. Holiday or closing gifts for clients (up to $25 per gift)

4. Entertainment expenses (if directly tied to business)

5. Event sponsorships (e.g., local community events)

6. Networking events or mixers

Business Protection and Compliance

1. Errors and omissions insurance (E&O insurance)

2. General liability insurance

3. Cyber liability insurance (for data protection)

4. Licensing and regulatory fees

5. Bonding costs (if required)

Team and Outsourcing Costs

1. Assistant salaries or freelancer fees

2. Virtual assistant services

3. Graphic design or branding services

4. Professional copywriting services

5. Tax preparation or CPA fees

6. Bookkeeping software (e.g., QuickBooks)

7. Transaction coordinator fees

Personal and Professional Presentation

1. Professional wardrobe for meetings or events

2. Dry cleaning for business attire

3. Haircuts or grooming (if required for branding photoshoots)

4. Makeup or styling fees for headshots

Miscellaneous Business Expenses

1. Bank fees for business accounts

2. Credit card processing fees

3. Interest on business loans or credit cards

4. Late fees on business accounts (not encouraged but deductible)

5. Business liability or legal fees

6. Subscriptions to market data platforms

7. Real estate board fees

Property-Specific Costs

1. Appraisal fees for business-related property transactions

2. Property inspections

3. Repairs or upgrades for staging purposes

4. Landscaping for open houses or marketing photos

5. Cleaning services for listings

Event and Hospitality Costs

1. Open house refreshments

2. Rental fees for open house furniture or props

3. Catering for open house events

4. Costs for hosting webinars or virtual open houses

Charitable Contributions

1. Donations to local nonprofits (if related to your business)

2. Sponsorships of community events

Health and Wellness for Self-Employed Agents

1. Health insurance premiums (self-employed)

2. Vision and dental insurance premiums

3. HSA (Health Savings Account) contributions

Specialized Equipment

1. Drone purchases or rentals for aerial photography

2. Measuring tools (e.g., laser distance meters)

3. Lockboxes or key safes

4. Smartphones or tablets for business use

5. Laptop or desktop computer

6. GPS devices

Tax-Saving Contributions

1. SEP IRA contributions

2. Solo 401(k) contributions

3. Contributions to a defined benefit plan

Utilities for Listings

1. Utility bills for vacant properties you manage

2. Snow removal or lawn care for vacant properties

Legal and Administrative Costs

1. Legal fees for contracts or disputes