As a real estate agent, you work hard for your commissions, but without a solid tax strategy, too much of your income can slip away. The good news? Taxes don’t have to be overwhelming or unpredictable – as long as you understand the system and have a plan.
Kelly Cote, director of operations and services at Keller Williams Realty, LLC, and a former market center administrator (MCA), loves discussing tax strategy. “Taxes are a fun topic, once you see them as a system that can be managed almost like a game.”
For more than a decade, Cote has been helping agents keep more of their hard-earned income (in a legally compliant way). “Understanding how to optimize your tax strategy isn’t about gaming the system – it’s about playing by the rules in the smartest way possible,” she says.
So, how can you take control of your 2024 taxes and win the game, legally and strategically? By implementing a few key habits, avoiding common tax pitfalls, and ensuring your finances are structured for long-term success.
“Understanding how to optimize your tax strategy isn’t about gaming the system – it’s about playing by the rules in the smartest way possible.”