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...

What Is a “Reasonable Salary” for a Florida Real Estate Agent’s PA (S-Corp)?

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

Quick answer: There is no percentage rule, no matter what you’ve read. A reasonable salary is what you’d have to pay someone else to do the work you do for your business — and for most Florida real estate agents running a PA (S-corp), that lands somewhere...

PA vs. LLC for Florida Real Estate Agents: What They Actually Are and Which One to Choose

by Don Fallenbaum | Sep 2, 2026 | Tax Guides for Real Estate Agents

Quick answer: A PA (professional association) and an LLC (limited liability company) are both legal entities that Florida real estate agents can use to receive their commissions — and either one can elect to be taxed as an S-corporation, which is where the real tax...