Real Estate Agent / Property Manager

Maximize your commission with ATO-approved deductions.

Allowable Expenses

  • Car & Travel — Travel to viewings and inspections (crucial deduction).
  • Licensing — State real estate agent license fees.
  • Marketing — Signage, photography, and advertising for listings.
  • Phone & Tech — Mobile phone and tablets used on the road.

Tax Tips

  • A logbook is essential for the high mileage typical of agents.
  • Claim the cost of professional photos for your listings.
  • Uniforms with a brand logo are deductible.
  • Commission income is assessable in the tax year it is earned or received — if you receive commission in advance for a longer-term arrangement, discuss with your tax agent whether a deferral is available.

Frequently Asked Questions

Can I claim for my car?

Yes, the business portion of your car use is a major deduction.

Are my licensing fees deductible?

Yes, annual license renewals are deductible.

Are commissions from sales subject to GST?

Yes. Real estate sales commissions charged to vendors are taxable supplies — GST of 10% applies once you are registered. Include GST on your commission invoices and report and pay the GST collected via your BAS. Your GST turnover threshold is $75,000.

Can I claim for listing photography and videography I pay for out of my own commission?

Yes. If you personally pay for professional photography, drone footage, or virtual tours for a listing — rather than recovering it from the vendor — the cost is a deductible business marketing expense. Keep the invoices as evidence.

Related Professions

  • Property Manager
  • Mortgage Broker