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Not Your Ordinary Tax Tips for Realtors

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By Eric Sachs, Former Realtor, and Breakthrough Broker Co-Founder


When the human mind is confronted with complex situations, we often find ways to ignore it or put it to the side until later, finding easier, happier, or less complex situations to spend our time on. In a sense, we “bury our heads in the sand” when it comes to life’s more complicated tasks.

For many of us, TAXES are one of these complex situations. We tell ourselves we will work on them later. We “have it covered” and hope for some magical whiz to “fix” our taxes in April. The fact of the matter is tax liability and tax “problems” often become a focal point of our business stress. Failing to plan, strategize, and manage our tax liability can be the downfall of an otherwise successful real estate business.

Doing our taxes correctly is one of those tasks that, as real estate professionals, we must find outside help. What is deductible? What is our tax bracket? How do I calculate what I owe? How do I track my expenses? How do I make sure my accountant has everything to get me the most deductions? So much to track and think about while I am working on building a successful real estate business! I will get to it later…

Building a successful real estate business includes a strong tax strategy. In addition to finding a great accountant, utilizing technology to help with everyday tax and business tracking can be a game changer. We have partnered with Realtyzam, tax software specifically for real estate pros because it is the most effective, easy-to-use, tax-specific application on the market. In our search to provide real estate pros with top-of-the-line content, strategies, and technology to help grow your business, creating an effective tax platform was not in our plan. However, it is so important to the business, we set out to find a solution.

Realtyzam is low cost and extremely easy to use. Daily tracking and automatic bank and credit card downloads make the software one of the fastest and best ways to ensure you are handling your tax strategy and not “sticking your head in the sand." With the click of a button, your accountant will have everything they need to save you money on your taxes.

A successful real estate career includes running your business like a business. Finding the right tax help is often the final piece to the puzzle. Check out Realtyzam and see if it can save you time and money in running your business.



After a successful career as a top producing real estate agent and building a mid-sized real estate company in Colorado, Broker/Owner Eric Sachs and his business partner sold their company and followed their passion of helping real estate agents build their business by founding Breakthrough Broker. Eric is a recognized national speaker and is dedicated to helping real estate agents, title and mortgage companies in building their business.




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