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296: How Realtors Can Lower Their Taxes

Hustle Humbly Podcast

Release Date: 04/07/2025

319: The Realtor Control Freak Survival Guide show art 319: The Realtor Control Freak Survival Guide

Hustle Humbly Podcast

Are you obsessing over that listing that just won’t sell? Feeling like a failure even though you’ve done everything you possibly can for your clients? This episode is your mindset reset. We’re getting honest about the hard truth so many Realtors need to hear: you can’t control everything. The current market is weird, unpredictable, and frankly, a little rude. And if you’re tying your value and self-worth to outcomes you can’t control — like a closing happening or not — then you’re setting yourself up for burnout. Inspired by real conversations with stressed-out agents, our...

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318: Death, Drama, and Deals: Wild Real Estate Stories show art 318: Death, Drama, and Deals: Wild Real Estate Stories

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317: Realtor Safety Month: Scams, Showings, and Survival show art 317: Realtor Safety Month: Scams, Showings, and Survival

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316: How to Make Your Database Work show art 316: How to Make Your Database Work

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315: Navigating Negotiations & Communication with Buyers & Sellers show art 315: Navigating Negotiations & Communication with Buyers & Sellers

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314: The Real Estate Social Media Dilemma show art 314: The Real Estate Social Media Dilemma

Hustle Humbly Podcast

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313: What You Need to Know About Houses show art 313: What You Need to Know About Houses

Hustle Humbly Podcast

You’re standing in an open house, sweating in a blazer, and someone asks how many HVAC units are in the home. Cue the internal panic. In this episode, we’re diving into one of the most relatable questions we’ve ever received: How much do I actually need to know about houses to be a good Realtor? Spoiler alert: more than “I’ll find out for you” on repeat, but less than a licensed contractor. Whether you're brand new or years in, this episode will help you figure out where the gaps are in your knowledge, how to fill them, and what your clients really expect from you. We share our own...

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312: Commission Conversations You Need to Be Ready For show art 312: Commission Conversations You Need to Be Ready For

Hustle Humbly Podcast

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311: Tips for Peaceful Partings in Real Estate show art 311: Tips for Peaceful Partings in Real Estate

Hustle Humbly Podcast

What happens when a client blindsides you and hires someone else? Or when your favorite sellers decide to "hit the button" on Zillow without you? In this episode, we’re talking all about how to keep your cool, preserve your relationships, and show up with professionalism—even when your heart gets broken. We’ve all been there. A past client lists their home without calling you. A buyer you’ve poured into suddenly ghosts you. A friend uses someone else. Ouch. The gut punch is real, but what you do next matters even more than what just happened. Peaceful partings aren’t always easy, but...

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310: The Four Core Systems Every Realtor Needs show art 310: The Four Core Systems Every Realtor Needs

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Let’s be honest: when was the last time you checked if your business systems were actually working? This week, we’re giving y’all a special sneak peek into one of our monthly Hustle Humbly Community live calls, and this one was just too good to keep to ourselves. We did a full systems audit together and broke down the four core systems every Realtor needs to run a smooth, sustainable business. Whether you’re overwhelmed by tech, struggling to follow up, or just wondering why things feel so clunky, this episode will help you figure out what needs to grow, and what needs to go. Here’s...

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More Episodes

What if your next listing appointment helped you build wealth too? 🤯

In this episode, we’re joined by CPA and real estate investor Amanda Han, and let us tell you—this conversation is a goldmine of money-saving, tax-planning goodness for every Realtor out there. Whether you’re brand new to the business or pulling in six figures consistently, Amanda breaks down what you need to know about entity formation (LLC or S-Corp?), bookkeeping systems, tax planning, investing in real estate yourself, and how to stop leaving money on the table.

Amanda is not just any CPA—she’s a real estate investor herself and co-founder of Keystone CPA, where she works with clients all over the country to help them reduce their tax burden through smart planning and investments. Her approach is down-to-earth and easy to understand (thank goodness), and by the end of our chat, her goal is to convince every Realtor to become an investor. Spoiler alert: she might just succeed.

We cover it all, including:

  • When (and if!) you should become an LLC or S-Corp

  • The most common tax mistakes Realtors make

  • How to organize your finances without getting overwhelmed

  • What depreciation actually means (and how to use it to your advantage)

  • Tax planning strategies for high-income agents

  • What to do if you haven’t taken depreciation on your rental

  • Real estate investing 101 (with serious tax perks!)

  • Setting up retirement accounts as a self-employed Realtor

And don’t worry—we kept this super conversational and full of lightbulb moments. Even if you’ve been avoiding your finances, this episode is your sign to get in there and take control. Future-you (and your tax bill) will thank you!

 


 

🔑 Key Quotes/Takeaways

  1. “You don’t have to become an accountant to be a successful entrepreneur. You just need the right systems and the right people.” – Amanda

  2. “Tax planning isn’t scary. It’s just a conversation.” – Amanda

  3. “The best way to protect the money you earn is to spend a little time planning how to keep it.” – Katy

  4. “You can’t retroactively assign income to an entity that didn’t exist. So set up the LLC now—even if you're unsure.” – Amanda

  5. “If you're a Realtor, you already see the deals. You're walking past wealth-building opportunities every day—start picking them up.” – Amanda

đź›’ Products, People & Previous Episodes Mentioned:

  • Amanda’s company: keystonecpa.com

  • Amanda on Instagram: @amandahanCPA

  • Tax Strategies for the Savvy Real Estate Investor (book by Amanda Han)

  • UDirect IRA and Equity Trust Company (for self-directed retirement accounts)

  • QuickBooks and Excel (for bookkeeping options)

 

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