Real Estate is a tangible asset that is real property such as land, buildings, improvements, and the right to use and enjoy that land and all of its improvements. There are 3 basic categories or real estate; residential, commercial, and industrial. For now, we will...
Realtors are for the most part, treated as self-employed individuals for purposes of taxation. Some realtors are direct employees of a company who takes out of their paycheck. If you are in this family of realtors that has a regular paycheck with taxes taken out,...
With the passing of the Tax Cuts and Jobs Act (TCJA), 2018 is shaping up to be a good tax year for most self-employed individuals, including realtors. While in previous years you may have felt like you could make do with online tax preparation software, or use one of...
