Licensed Real Estate Agents - Real Estate Tax Tips from the IRS

January 28, 2016

Most real estate professionals operate their business as a sole proprietorship. This means that you are not someone's employee, you haven't formed a partnership with anyone, and you have not incorporated your business.

Statutory Nonemployees

Licensed real estate agents are statutory nonemployees and are treated as self-employed for all Federal tax purposes, including income and employment taxes, if:

This category includes individuals engaged in appraisal activities for real estate sales if they earn income based on sales or other output.

To see more from the IRS real estate tax tips section, visit

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