06/17/2026
Tools that help you schedule and post social media, even while you are sleeping or out showing homes, are business expenses. Track them.
Office space is deductible, too. Sometimes your broker covers it, and sometimes you pay for your own. Either way, office costs matter. Furniture, utilities, maintenance, and related charges.
Contract labor is also deductible.
Transaction coordinators. Virtual assistants. Support staff.
And if you have a virtual assistant outside the U.S., there is a proper way to handle the paperwork. In the U.S., we usually think of W-9 for 1099 workers. For foreign contractors, it is typically a W-8BEN.
Once that form is completed and kept on file, you can report the expense correctly on your return.
The key is doing it clean. Track it, document it, and categorize it right.
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