Can Real Estate Agents Write Off Car Payments
Can Real Estate Agents Write Off Car Payments? Decoding Tax Deductions for Realtors Navigating the world of taxes can feel like traversing a complex maze, especially when you’re a real estate agent juggling listings, client meetings, and open houses. One of the most frequently asked questions revolves around a significant expense: can real estate agents write off car payments? The short answer is: it’s complicated, but potentially yes. This comprehensive guide dives deep into the nuances of car-related tax deductions for real estate professionals, helping you understand what’s deductible, how to maximize your savings, and avoid common pitfalls....