Are you a realtor, real estate agent OR a small business owner planning to go on a trip? Want to know if your travel expenses can be deducted? Whether you are eligible to deduct a trip, you need to answer the primary question – did you incur these travel expenses for earning a business income?
In today's video, I’ll share how realtors may deduct their travel and other expenses when they are on a work trip. I will also explain this further using real-life examples.
If you have any questions or thoughts after watching this video, leave a comment below, and I’ll respond as soon as possible.
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DISCLAIMER:
Tax planning is a personalized decision and will depend on your situation, priorities, and risk tolerance. Consult with your own legal and tax advisors to ensure you get the advice you personalized for you.
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