Real Estate Agent Tax Deductions Checklist (Canada)

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Real Estate Agent Tax Deductions Checklist Canada

Most agents pay more tax than they need to because they miss costs they could claim. This free checklist lists the business costs real estate agents in Canada can usually deduct, in one place. Tick what you paid this year and hand it to your accountant with your receipts.

Download the free checklist (PDF)

PDF · 3 pages · Canada-wide · Free · Updated October 2026

Tax Deductions Checklist Real estate agents SECTION PAID THIS YEAR 9 sections · 45 tick boxes · 3 pages

What is inside

More than a list of costs

  • Rules that trip agents up

    Short notes on the rules that trip agents up, such as the 50% meals limit and the vehicle logbook.

  • What you cannot claim

    A list of costs you cannot claim.

  • PREC and GST/HST notes

    Notes for agents with a PREC and agents registered for GST/HST.

  • Keep your records

    Keep receipts, logbooks and statements for six years from the end of the tax year they relate to. The CRA can ask to see them.

Questions

Common questions

Not sure how a cost should be claimed? Ask us.

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Is it free?

Yes. Enter your name and email and the PDF downloads right away.

Can I claim my car?

Yes, the business share. Keep a logbook of total km and business km for the year. Driving from home to your regular office is personal.

Can I claim a home office?

Yes, if it is your main place of business, or if you use it only for business and meet clients there on a regular basis.

Are meals fully deductible?

No. Business meals and entertainment are limited to 50% of the cost.

I have a PREC. Does this still apply?

Yes. The same costs apply, but the corporation pays them. Your accountant will set up how the corporation pays you back for costs you paid yourself.

Does this replace an accountant?

No. It helps you find what to claim. Your accountant decides how each cost is claimed.

Related free tool

Track every receipt

Log the costs you ticked in our free Real Estate Agent Receipt Tracker.

See the Receipt Tracker

Want your books done for you?

Book an intro meeting. Hashim will look at how you track your costs today and tell you what to do next.

See how we help agents and PRECs, or see all free tools.

General guide only. It is not tax advice for your situation. Updated October 2026. Next review January 2027.

Book an intro meeting Download the free checklist (PDF)