tax reform: A Huge New Tax Deduction for Agents. Most Aren't Aware of Yet - 01/11/18 08:35 AM
 
The new 20% passthrough business income deduction is a new deduction most real estate agents qualify for

Key Points
Example:  if net profit on Schedule C is $100,000, you get a new $20,000 deduction NAR did a great video with experts who go over it all.  Really worth watching  
Before Christmas, I tried to figure out how the new tax reform bill would affect my personal income tax that I would be paying.  I was having a difficult time trying to make sense whether or not the 20% business income passthrough deduction would apply to me as a real estate agent.  I had … (3 comments)

 
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Tim Maitski

Truth, Excellence and a Good Deal

Atlanta, GA

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Atlanta Communities Real Estate Brokerage

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