Real Estate Commissions are Tax Deductible – Schedule E Tax Deduction
Rental agencies and property managers usually charge commissions for collecting rent, making repairs, finding and managing tenants.
You are allowed to deduct the cost of commissions paid as a rental expense, since ordinary and necessary expenses related to the management of your investments are deductible.
This blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies is brought to you by SimplifyEm Pay Rent Online and Property Management Software
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