If a realtor incurs expenses to repair a clients home, are those expenses deductible on that realtors taxes?

[DavidS127]

Yes.  Expenses incurred in the course of your real estate sales or property management activities are deductible.

This TurboTax article is a good overview of Tax Tip for Real Estate Agents and Brokers.

[TomD8]

@DavidS127 's answer is correct if the realtor is paid as an independent contractor and files Schedule C (which for realtors is usually the case).  But if the realtor is a W-2 employee, those expenses are not deductible.

[RealEstateGuy]

@DavidS127 
I know this discussion is old, but I was curious, do you know if repairs made to a long-standing client’s property are still tax deductible, even if the home will not be sold for 1-3 years (assuming the repairs will out last that period of time). Also assuming cash method of accounting. 

[DaveF1006]

Yes, if there is an expectation that the property will be sold, you can deduct the repairs as DavidD66 mentions in his post. 

[RealtorMY]

What expense category would the expense go under? 

[PattiF]

If you are filing a Schedule C for your realtor business,  include these expenses under repairs and maintenance.

Please see this TurboTax Tip for more information about the real estate profession.

@RealtorMY