Tax

Dan Naylor Many new agents have been regular salaried employees for most of their careers, and they know that taxes are different for independent contractors, or the self-employed, but they don’t know what the differences are. As a real estate broker and instructor, let me share some of my experience with you, but remember that if you want tax advice, you should consult a tax professional. I share my thoughts for informational purposes only. The primary difference is that when you are self-employed, you act as a business. Any expenses that you incur must be reported on a Schedule C. First [...]