The average savings per tactic by category for those who utilized that tactic, and the total average tax savings across the real estate industry.

Industry Data: Tax-Saving Tactics for Real Estate Professionals

The seven most common tax savings tactics for real estate agents

How real estate agents save thousands on taxes

S-Corps can provide significant tax savings for the self-employed, by structuring your business the way a corporation would.

Do S-Corps Work? A Data-Backed Guide for the Self-Employed

S-Corp election makes sense for most self-employed professionals, and saves thousands on taxes by structuring your business the way a corporation would.

S-Corps save the self-employed thousands on taxes

One of the best tax deductions for S-Corporations is the Business Miles Deduction. But taking the deduction comes with some requirements, here's what you need to know.

Mileage Tax Deduction for Self-Employed

Small Tips Big Savings: Track Your Miles

Tracking Your Miles

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Get to know some of our customers and learn how Formations helped them thrive!

Brooks Glenn

Formations Testimonials

"With Formations, we've developed a proactive approach to financial and tax planning. Their expertise and guidance have turned tax season into an opportunity to assess our financial health, strategize for the future, and ensure that we're making the most of tax incentives and credits available in our industry."

Bryce Dressler, Ailim Films

With Formations, we've turned tax season into an opportunity to assess our financial health, strategize for the future, and ensure that we're making the most of tax incentives and credits available in our industry.

Bryce Dressler

"Formations has become a strategic partner, enabling me to prioritize what matters most for the growth and success of my real estate business."

Christine Scott | Real Estate Agent, Keller Williams

Formations has become a strategic partner, enabling me to prioritize what matters most for the growth and success of my real estate business.

Christine Scott

”I started with Formations very early on in the business as I immediately saw the value of devoting all my time to increasing revenue and profit. ”

Manny Cumplido, MODAL Sales Group

Manny Cumplido

I recommend formations to everyone I know who operates a small business, especially agents.

Steven Cozza | Real Estate Agent, Compass

Steven Cozza

To be successful in real estate, realtors must create consistent daily habits - which then translate into powerful systems. Formations became that "powerful system" for me.

My financials are 1000% improved. Since being introduced to Formations, I am confident I am doing everything I can to ensure that my operation is smooth and hassle-free.

RickI Stevens

"My financials are 1000% improved. Since being introduced to Formations, I am confident I am doing everything I can to ensure that my operation is smooth and hassle-free.".

Ricky Stevens

Ricki Stevens

"The greatest value of Formations is having visibility into bookkeeping, payroll, and my taxes all in one platform, which is the most helpful as my income changes from month to month."

Monica Multani

Tax season used to be a stressful time, but now, thanks to Formations, I no longer have to manage everything on my own.

Sandra Cugier | Real Estate Agent, Compass

Sandra Cugier

“A lot of the stress of handling any of the finances or taxes is completely off of me, and I get to focus on doing what I do best, I really feel like Formations is a partner with my business.” Matthew Jones

Matthew Jones, Consultant

Formations Testimonial: Matthew Johnes

Matthew Jones

“Formations has helped by restructuring the way I file taxes, saving me thousands per year while providing monthly bookkeeping and just being a general financial sounding board.”

Customer Case Studies

Brooks Glenn

Bryce Dressler

Christine Scott

Manny Cumplido

Steven Cozza

Brooks Glenn

Ricki Stevens

Monica Multani

Sandra Cugier

Matthew Jones

Nicole Zolnowski