📊 Self-Employment Tax Deductions: Maximize Your Savings in 2026
As a real estate professional, you may be self-employed, which means you’re responsible for paying both Social Security and Medicare taxes (self-employment tax). However, you can deduct the employer portion (50%) of the self-employment tax when calculating your taxable income.
👉 Tip: Use Schedule C to report your business income and deductions. If you're filing as a partnership or LLC, consult your accountant for additional tax-saving opportunities.
How do you keep track of your self-employment taxes, and what tips do you have for others in similar situations?
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📊 Self-Employment Tax Deductions: Maximize Your Savings in 2026
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