One of the best ways to track your expenses is through using apps on your smartphone. Working as a real estate agent, you will need to do work out of the office. 3 Must-Have Tax and Personal Finance Apps for Real Estate Agents That’s why the on-the-go convenience and user experience of these tools makes it easy for real estate agents to cut costs and make more money. Using a smartphone app for tracking expenses, tax write-offs, and other business finances will save your business time and money while increasing your odds of succeeding as a real estate agent. Our team of experts claim these three apps to be the best for agents looking to grow their business. 1) Strideīest For: Mileage and Travel Expense TrackerĪs a real estate agent, you’re on the road. Every day, in fact, almost to the point that your car becomes your second office. With all of this moving, you need an accurate and provable way to track your travel expenses and miles traveled for tax write-offs.
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This free app makes it extremely convenient for tracking your miles and traveling expenses without wasting time on things like tax forms. To use the Stride app, simply turn on the mileage logger and start driving. Other Apps: Quickbooks, TripLog, Everlance 2) Quickbooks And the best part of all, when you need to do your taxes, Stride will even create “an IRS-ready tax form to make filing a breeze.” Using GPS, this app accurately calculates the miles you’ve driven while allowing you to log other expenses, like car washes, gas, and even those $5 gas station glasses that make you look extra cool driving with the top down. Knowing your expenses while working as a real estate agent is essential for saving you money on your taxes. There are a plethora of overpriced apps, when you simply need one that understands your needs as an entrepreneur.
For this reason, we suggest looking into Quickbooks.įor only $8 a month, the Quickbooks app will track all the normal day expenses of a real estate agent, including smaller items like office supplies and closing gifts. The majority of reviews highly tout this app best for those running a small or self-employed business. And it’s not surprising why: This app can do it all, including helping you easily and quickly complete your tax forms in April.
However, we do suggest utilizing the inexpensive version of Quickbooks.
What For: Tracking Transactions and Commissions Other Apps: Expensify, Mint 3) IXACT Contact The extra value of spending more is not worth your money when there are other apps out there that do certain parts of real estate tracking better and for free.
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