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Can real estate brokers cash in on this tax deduction? No one knows

Can real estate brokers cash in on this tax deduction? No one knows

The new GOP tax law is widely considered a win for high-earners, but it’s not clear if real estate brokers and their firms will also benefit from a hefty deduction granted to pass-through businesses. The so-called pass-through deduction has been billed as a boon to independent contractors, including Uber drivers and freelancers, but its application to real estate agents remains murky. If a broker makes less than $157,500 a year (or $315,000 if filing as […]


Source: realdeal

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