Tax Strategy for Orlando's Top Producing Agents
You close the deal; we protect the commission. Specialized tax prep for Realtors, focusing on massive mileage, listing expenses, and S-Corp tax savings.
Stop Donating Your Commission to the IRS.
Real estate is a high-expense business. Between lead gen, professional photography, and thousands of miles on Central Florida roads, your "gross commission" isn't what you take home.
At GTQ Tax, we specialize in Real Estate Tax Recovery. We find the overlooked deductions in your brokerage statements and use S-Corp elections to slash your self-employment tax bill once your production hits the next level.
The Realtor Advantage
- Reconciled Brokerage Splits & Fees
- Listing & Marketing Expense Audit
- S-Corp Savings Strategy ($80k+ GCI)
- Orlando Toll & Mileage Recovery
The "Listing & Lead" Audit
Professional photography, staging, Zillow leads, and lockbox fees add up. We ensure every dollar spent marketing your listings is captured as a high-value deduction.
Massive Mileage Recovery
From showing homes in Lake Nona to closings in Winter Park, you live in your car. We optimize your mileage deduction using contemporaneous logs to protect you from IRS scrutiny.
S-Corp Strategy for Commissions
Tired of paying 15.3% SE tax on your big commission checks? Once you hit $80k+ in GCI, we implement S-Corp structures to shield your income from heavy self-employment taxes.
Ready to Protect Your Next Commission?
Preferred tax partner for Orlando's real estate professionals.
Real Estate Agent FAQ
Expert answers for independent Realtors.
Can I deduct my desk fees and brokerage splits?
Yes. Any fees paid to your brokerage, including desk fees, technology fees, and transaction splits, are fully deductible business expenses on your Schedule C.
How do I handle referral fees paid to other agents?
If you pay a referral fee of $600 or more to an individual agent, you are responsible for issuing a 1099-NEC. We help our Realtor clients manage these filings to ensure their labor deductions are IRS-compliant.
Is my SunPass deductible when showing homes?
Absolutely. For Orlando agents navigating the 408 and 417 to meet clients, tolls are a necessary business expense. We recommend using your monthly statement to document these costs.
Should I put my car in my business name?
This depends on your specific usage and the value of the vehicle. We run a comparison between the standard mileage rate and actual expenses (including depreciation) to see which provides the larger tax benefit.