Michael
Petruccelli says; Checklist of deductions (a)
Here’s a checklist of common
expenses for real estate agents and brokers that you can use to make sure you
don’t miss any deductions this year:
- advertising expenses, including websites, mailing lists, newspaper advertising, fliers, online advertising, postcards, promotional materials, logo clothing, and anything else you pay for to market your real estate business;
- bookkeeping, accounting and legal fees;
- business gifts (up to $25);
- business meals and entertainment (only 50 percent deductible);
- business-related magazines and books
- cab fares for business travel;
- car and truck expenses, including business mileage, depreciation, insurance, interest on car loans, lease payments, license plate fees, parking expenses, and tolls;