- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Yes, if you are a licensed real estate agent you are treated as a self-employed individual (unless you are a W-2 NON Statutory Employee)
This means you can deduct your expenses just like someone who is self-employed in another line of business even if it means you show a net loss (expenses greater than income) for the year
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
‎June 6, 2019
12:56 AM