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?

dennis-board · ‎June 6, 2019

DanielV01 · ‎June 6, 2019

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.

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DanielV01 · ‎June 6, 2019

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.

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dennis-board · ‎June 6, 2019

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

DanielV01 · ‎June 6, 2019

You're welcome.

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