Can I deduct the realtor association fees,the MLS website membership charge and the error insurance from my taxes although I don any income from realstate this year?

labibsalama · ‎June 3, 2019

I have another job with w2 but want know if I can deduct the cost of my real estate side job that didn't get income as of yet although I am employed at a local broker.

Also wanted to know if I can deduct will the deluxe work for kt

MinhT · ‎June 3, 2019

Yes, if you are a real estate agent (even part-time) you can deduct these costs as business expenses even if you did not have any income in 2017.

You'll need to upgrade to TurboTax Self-Employed to report these costs.

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MinhT · ‎June 3, 2019

Yes, if you are a real estate agent (even part-time) you can deduct these costs as business expenses even if you did not have any income in 2017.

You'll need to upgrade to TurboTax Self-Employed to report these costs.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can I deduct the realtor association fees,the MLS website membership charge and the error insurance from my taxes although I don any income from realstate this year?