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LucyTziRealtor
February 10, 2025
Question

Should I add if I just became a nys realtor in late 2024 but have no commissions yet but have showed houses and used my gas and miles and phone, can I do a write off?

  • February 10, 2025
  • 1 reply
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    1 reply

    M
    MinhT1
    February 10, 2025

    Yes.

     

    If you were active as a realtor in 2024 but had no income, you can still claim your business expenses on Schedule C. This will result in a business loss, which can offset your other ordinary income, or carried forward as a NOL (Net Operating Loss).

     

    Please read this IRS document for more information.

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