Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

72
Posts
24
Votes
Derek Caffe
  • Real Estate Broker
  • Austell, GA
24
Votes |
72
Posts

Can you use your RE commission as an expense to pay down mortgage

Derek Caffe
  • Real Estate Broker
  • Austell, GA
Posted

My question is, can I combine my real estate sales business with my real estate investing business to pay off my properties with my real estate commissions? The goal being to decrease my taxable income and increase my equity.

I just became a licensed agent here in GA in April 2017. The plan is to take my highly taxed commission dollars and turn them into an expense by paying off the mortgage on my rental properties early.  Don't know if this can work out the way I envision it in my head, because one is earned income and the other generates passive income. I'm sure someone has either thought of this or is doing it in some form or another. I've Google searched the topic, but can't really find relevant info so I've come here for some answers and advice. 

Loading replies...