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New Member
posted Jun 6, 2019 8:40:21 AM

If I am a Realtor that acts as an independent contractor, am I able to write off the fees that I have to pay a broker on every transaction I do?

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1 Best answer
Expert Alumni
Jun 6, 2019 8:40:23 AM

Yes.  That would be deductible in your line of work.  There is an entry on the Schedule C for Commissions and Fees.  These payments qualify.

3 Replies
Expert Alumni
Jun 6, 2019 8:40:23 AM

Yes.  That would be deductible in your line of work.  There is an entry on the Schedule C for Commissions and Fees.  These payments qualify.

New Member
Jun 6, 2019 8:40:24 AM

Thank you very much.  We asked in class, but the answer was not very straight forward.  I don't think the instructor knew...

Expert Alumni
Jun 6, 2019 8:40:26 AM

You're welcome.