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What Can a Real Estate Agent (and other independent contractors) Deduct on Their Tax Return?

One of the benefits in being an independent contractor, such as a Real Estate Agent, is the ability to deduct business expenses on your tax return that allow you to lower your tax liability and keep more of your earnings.  I often get questions from my real estate...

How Liquid Is Your Business?

Liquidity in business has nothing to do with water, milk, or juice! It describes how quickly you can sell an asset and convert it into cash. Cash is the most liquid asset of all.  Real estate, in contrast, is not quite as liquid because it could take months to sell it...