Why agents lose the most at tax time
Between showing homes across town, running to inspections, and meeting clients, it's not unusual for an agent to drive 15,000 to 20,000+ business miles a year. At the 2025 IRS rate of 70 cents per mile, even 12,000 business miles is an $8,400 deduction. Yet most agents either guess the number or never claim it, because tracking every drive by hand is impossible when your day is back-to-back appointments.
If you're an agent guessing your mileage, you're almost certainly under-claiming, and a guessed number is exactly what triggers IRS scrutiny.
What counts as a deductible drive for agents
- Driving to and between showings and listing appointments
- Trips to open houses, inspections, appraisals, and closings
- Meeting buyers or sellers, and previewing properties
- Runs for signs, lockboxes, marketing materials, and office supplies
(Your drive from home to your brokerage office, if that's your regular workplace, is commuting and isn't deductible. Everything else above generally is.)
How RoadFolio fits an agent's day
You don't have time to write down odometer readings between showings. So RoadFolio does it for you:
- Automatic GPS tracking records each drive's route, distance, and date in the background.
- Tie trips to clients, so your driving is organized by who you were working for.
- Running deduction total, so you can see what your driving is worth before tax season.
- One-tap export of an IRS-ready mileage report for your accountant.
And because RoadFolio is a full business toolkit, the same app handles your expenses (signs, staging, marketing), client list, and invoices, so your whole business lives in one place instead of five.