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Real Estate Agent News: Biz expert: Tax breaks for Realtors time consuming

Tax breaks for real estate agents are dependent on the number of hours spent on the job.(Photo: Getty Images/iStockphoto)

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Hey, Dan “The Tax Man”: I am a part-time Realtor and someone told me that I can deduct all of the losses on my rental properties because I am involved in the real estate business.

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Summary of the Article

In general, rental real estate (commercial and residential) is considered as a … Now, for a realestate agent, you have to be considered a “Real Estate …

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Article

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Hey, Dan “The Tax Man”: I am a part-time Realtor and someone told me that I can deduct all of the losses on my rental properties because I am involved in the real estate business.

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first published: 2015-02-26 22:30:00[otw_is sidebar=otw-sidebar-2][otw_is sidebar=otw-sidebar-7][otw_is sidebar=otw-sidebar-3][otw_is sidebar=otw-sidebar-5]