Why Promotional “Giveaways” Should be $4 or Less
Giveaway Items – why business professionals should keep them at $4 or less per item. Giveaway items that you use to publicize your business (such as pens, coffee cups, T-shirts, refrigerator magnets, calendars, tote bags, and key chains) are deductible. However, you...
read moreMarketing Plans for Real Estate Agents
Do You Have a Marketing Plan? Here are 5 tips and a simple planning tool that may help. TIP 1: KEEP YOUR PLAN SIMPLE, CLEAR & FOCUSED Plans often can fail because they are too complex or not clearly defined. Are you taking on too many tasks at once? Trying to...
read moreHome Office Deductions for Small Business Professionals
As a real estate agent, you may be eligible to deduct expenses for the business use of your home. These expenses may include mortgage interest, insurance, utilities, repairs, and depreciation. To qualify to claim expenses for the business use of your home, you must...
read more5 Easy Money-Saving Tips for Small Business Professionals
This is a great time of year for Real Estate Agents to closely examine where the money went and to trim or plan for 2018. As we know, it's all about the "net" income. What are your tips?.. please share! Here are 5 MONEY SAVING TIPS for Small Business Professionals Use...
read moreMileage Tracking for Small Business Professionals
The IRS has rules that to relate to what types of business driving is eligible for a mileage deduction.(click here for IRS details) A few TIPS for tracking mileage: Daily commutes from your home to your permanent work location do not qualify for a business mileage...
read more‘Gift’ versus ‘Entertainment’ Tax Deduction for Small Business Professionals
Gift or Entertainment tax deduction expense? … as we enter into gift giving and entertainment season.. a common question arises among Small Business Professionals with sometimes much confusion: Here are a few TIPS: click here for IRS article GENERALLY: Any item that...
read moreA Bookkeeping STRATEGY for Small Business Professionals
Whether you are a new or been in business for years one of the chores you have to deal with is bookkeeping. This is especially on the mind of new agents as they are looking to establish their processes and systems. What is your bookkeeping strategy?.... A variety of...
read moreBookkeeping PROCESS for Small Business Professionals
As in every aspect of your real estate business, things go better when you can work out a "process" that is effective, then turn your brain off and "rinse and repeat"! Keeping in mind that the main thing is to "have a bookkeeping process" that works for you... here is...
read moreShould Small Business Professionals STOP Doing Their Own Bookkeeping?
I know lot of small business professionals who constantly struggle to get their bookkeeping done. Has anyone tried using a virtual bookkeeper? Thoughts about hiring this part of the business out? Thoughts on using a virtual bookkeeping service such as this...
read moreFree Budgeting Spreadsheet for Real Estate Agents
What tools have you used to make a budget.. or do you make a budget? Thoughts? Here is a free budgeting spreadsheet to try... download...
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