Tax Deductions for Real Estate Agents: The 2026 List

Real estate agents have some of the highest work-related expenses of any profession. You live in your car, you spend heavily on marketing, and you constantly upgrade your image. Ensure you claim everything you are entitled to.

1. Car Expenses

Your car is your office. You can claim fuel, insurance, servicing, and depreciation.
The Logbook Method usually yields a much higher deduction than the cents-per-km method (which is capped at 5,000km). Keep a digital logbook app for 12 continuous weeks to establish your business use percentage (often 80-90% for agents).

2. Gifts & Marketing

• Client Gifts: Gifts to vendors (e.g., settlement hampers) are deductible if they generate future income. Gifts to buyers are also deductible.
• Marketing: Personal branding, website hosting, domain names, and signboard costs are fully deductible.
• Clothing: Only deductible if it is a compulsory uniform or has a registered logo. Standard business suits are not deductible (even if your boss requires them).