Can Real Estate Agents Deduct Client Gifts, Listing Photos, and Pre-Licensing Costs?

The answer is different for each of these: client appreciation events and listing photography are generally deductible, but pre-licensing course costs usually aren't — the timing of the expense relative to becoming licensed makes all the difference. Client appreciation events and closing gifts: Hosting a client appreciation event — a small gathering, a holiday party, or a thank-you dinner for past clients — is deductible as a marketing and client-retention expense. Closing gifts given to...