A Simple Bookkeeping System for Real Estate Agents (That Takes 30 Minutes a Month)

by Don Fallenbaum | Sep 4, 2026 | Tax Guides for Real Estate Agents

Quick answer: You need four things: a separate business bank account and card, an app that tracks your mileage automatically, a place to put receipts, and thirty minutes a month to categorize what came through. That’s the whole system. You do not need enterprise...

The 20% QBI Deduction for Real Estate Agents: Why You Qualify (and What Can Take It Away)

by Don Fallenbaum | Sep 4, 2026 | Tax Guides for Real Estate Agents

Quick answer: As a real estate agent you can generally deduct 20% of your net business income under Section 199A, and you are not a specified service trade or business — despite what you’ve probably been told. Below $201,750 of taxable income single, or...

Tax Deductions for Real Estate Agents: What You Can Write Off in 2026 (and What You Can’t)

by Don Fallenbaum | Sep 4, 2026 | Tax Guides for Real Estate Agents

Quick answer: If an expense is ordinary and necessary for your real estate business, it’s deductible. The categories that matter most for agents are your vehicle, your home office, health insurance, retirement contributions, marketing, and dues — in...

Quarterly Estimated Taxes for Real Estate Agents: How Much to Set Aside and When to Pay

by Don Fallenbaum | Sep 4, 2026 | Tax Guides for Real Estate Agents

Quick answer: If you expect to owe $1,000 or more in federal tax beyond anything withheld, you owe quarterly estimated payments. For most Florida real estate agents, setting aside 25–30% of every commission check is the right starting point. The next deadline is...

Car Write-Offs for Real Estate Agents: Mileage vs. Actual Expenses (and 5 Traps to Avoid)

by Don Fallenbaum | Sep 3, 2026 | Tax Guides for Real Estate Agents

Quick answer: You have two choices — the standard mileage rate or actual expenses — and for most Florida real estate agents, standard mileage wins. You drive a lot of miles in a normal car, and the per-mile rate usually beats what your actual costs would...