{"id":11447,"date":"2017-08-29T06:38:52","date_gmt":"2017-08-29T06:38:52","guid":{"rendered":"http:\/\/www.alessandropasqual.it\/deducting-the-real-estate-agencys-commission-from-taxes\/"},"modified":"2025-08-27T14:22:59","modified_gmt":"2025-08-27T14:22:59","slug":"deducting-the-real-estate-agencys-commission-from-taxes","status":"publish","type":"post","link":"https:\/\/www.alessandropasqual.it\/en\/deducting-the-real-estate-agencys-commission-from-taxes\/","title":{"rendered":"Deducting the real estate agency's commission from taxes"},"content":{"rendered":"\n<div class=\"wp-block-ht-block-toc is-style-outline htoc htoc--position-wide toc-list-style-plain\" data-htoc-state=\"expanded\"><span class=\"htoc__title\"><span class=\"ht_toc_title\">Table of Contents<\/span><span class=\"htoc__toggle\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"16\"><g fill=\"#444\"><path d=\"M15 7H1c-.6 0-1 .4-1 1s.4 1 1 1h14c.6 0 1-.4 1-1s-.4-1-1-1z\"><\/path><path d=\"M15 1H1c-.6 0-1 .4-1 1s.4 1 1 1h14c.6 0 1-.4 1-1s-.4-1-1-1zM15 13H1c-.6 0-1 .4-1 1s.4 1 1 1h14c.6 0 1-.4 1-1s-.4-1-1-1z\"><\/path><\/g><\/svg><\/span><\/span><div class=\"htoc__itemswrap\"><ul class=\"ht_toc_list\"><li class=\"\"><a href=\"#htoc-vediamo-nel-dettaglio-come-e-quanto-si-pu-detrarre-della-provvigione-dell-agenzia-immobiliare\">Let's see in detail how and how much can be deducted of the real estate agency's commission:<\/a><\/li><li class=\"\"><a href=\"#htoc-quali-sono-i-requisiti-per-detrarre-la-provvigione-dell-agenzia-immobiliare\">What are the requirements for deducting real estate agency commission?<\/a><\/li><\/ul><\/div><\/div>\n\n<p>Today I tell you about the time I got called incompetent (with good reason) by a buyer client, following the issuance of the real estate agency's commission invoice.<\/p>\n\n<p>It was December 2016, when following the signing of a preliminary purchase and sale agreement, I issued an invoice for the amount agreed upon with the parties for brokerage fees.<\/p>\n\n<p>The buyers-a married couple-after paying what they owed, returned home to await the final deed, which was to take place six months from now.<\/p>\n\n<p>In May 2017, tax return period, the wife of the client whose invoice I had made out to called me angrily, railing against me because <strong>she could not deduct her share of the commission<\/strong> because only one invoice had been issued under her husband's tax code.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/yH5BAEAAAAALAAAAAABAAEAAAIBRAA7\" data-src=\"https:\/\/www.alessandropasqual.it\/wp-content\/uploads\/2017\/07\/7-Types-of-the-Most-Terrible-Bosses-3.jpg\" alt=\"\" class=\"wp-image-276 lazyload\"\/><noscript><img decoding=\"async\" width=\"400\" height=\"298\" src=\"https:\/\/www.alessandropasqual.it\/wp-content\/uploads\/2017\/07\/7-Types-of-the-Most-Terrible-Bosses-3.jpg\" alt=\"\" class=\"wp-image-276 lazyload\" srcset=\"https:\/\/www.alessandropasqual.it\/wp-content\/uploads\/2017\/07\/7-Types-of-the-Most-Terrible-Bosses-3.jpg 400w, https:\/\/www.alessandropasqual.it\/wp-content\/uploads\/2017\/07\/7-Types-of-the-Most-Terrible-Bosses-3-300x224.jpg 300w\" sizes=\"(max-width: 400px) 100vw, 400px\" \/><\/noscript><\/figure>\n<\/div>\n<p>Mortified about the incident, consulting with our tax lawyer, I remedy by issuing a credit note cancelling the previous invoice and redo the invoices in 2017 this time for 50% of the amount in the name of the 2 spouses, so that in the 2018 tax return they can each deduct their share.<\/p>\n\n<p>To avoid repeating my mistake,<\/p>\n\n<h2 class=\"wp-block-heading\" id=\"htoc-vediamo-nel-dettaglio-come-e-quanto-si-pu-detrarre-della-provvigione-dell-agenzia-immobiliare\">Let's see in detail how and how much can be deducted of the real estate agency's commission:<\/h2>\n\n<p>Under the current regulatory framework,<\/p>\n\n<p>\" fees paid to real estate brokers for the purchase of a property to be used as a main residence are deductible to the extent of 19%, on a maximum amount of 1000 \u20ac \"<\/p>\n\n<p>This means that of the commission paid ( obviously with a traceable invoice ) above 1000 \u20ac <strong>you can deduct 190 \u20ac<\/strong><\/p>\n\n<h2 class=\"wp-block-heading\" id=\"htoc-quali-sono-i-requisiti-per-detrarre-la-provvigione-dell-agenzia-immobiliare\">What are the requirements for deducting real estate agency commission?<\/h2>\n\n<ul class=\"wp-block-list\"><li>First, the purchase of the property must be <strong>completed.<\/strong> A registered preliminary purchase and sale agreement, as well as the final deed, is fine with the IRS.<\/li><li>The dwelling purchased must be<strong> the principal dwelling<\/strong> ( not the 1st house, they are 2 different things although they may coincide ) by principal dwelling we mean the dwelling where the taxpayer or his\/her family members habitually reside.<\/li><li>There is a time limit within which the house must become a habitual dwelling, which is the one stipulated in letter B of Article 15 of the TUIR ( Income Tax Consolidation Act ) which is the same as the one you find to maintain the first house benefits ( 12 months ) except in special cases or exceptions.<\/li><\/ul>\n\n<p>Basically if the property is purchased by more than one person, who will hold the property in their name and pay the commission, the advice I give is to request the pro-rata invoice of the commission to be paid, so that each individual taxpayer can make the deduction as intended!!!<\/p>\n\n<p>( so you avoid all the words that I took \ud83d\ude09 )<\/p>\n\n<p>OK,OK... now you know how to discharge the commission of a real estate agency....<\/p>\n\n<p>BUT DO YOU KNOW WHY IT NEEDS TO BE PAID AND WHAT IS THE RIGHT AMOUNT? ==&gt; Find out in <a href=\"https:\/\/www.alessandropasqual.it\/2017\/11\/02\/perche-si-paga-la-provvigione-allagenzia-immobiliare\/\">this article <\/a>  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today I tell you about the time I got called incompetent (with good reason) by a buyer client, following the issuance of the real estate agency's commission invoice. It was December 2016, when following the signing of a preliminary purchase and sale agreement, I issued an invoice for the amount agreed upon with the parties [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7620,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[262,273],"tags":[326,335,334,310,336],"class_list":["post-11447","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buying","category-selling","tag-fees","tag-invoice","tag-irpef-deductions","tag-real-estate-agency-commission","tag-tax"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.alessandropasqual.it\/en\/wp-json\/wp\/v2\/posts\/11447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.alessandropasqual.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.alessandropasqual.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.alessandropasqual.it\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alessandropasqual.it\/en\/wp-json\/wp\/v2\/comments?post=11447"}],"version-history":[{"count":1,"href":"https:\/\/www.alessandropasqual.it\/en\/wp-json\/wp\/v2\/posts\/11447\/revisions"}],"predecessor-version":[{"id":11449,"href":"https:\/\/www.alessandropasqual.it\/en\/wp-json\/wp\/v2\/posts\/11447\/revisions\/11449"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.alessandropasqual.it\/en\/wp-json\/wp\/v2\/media\/7620"}],"wp:attachment":[{"href":"https:\/\/www.alessandropasqual.it\/en\/wp-json\/wp\/v2\/media?parent=11447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.alessandropasqual.it\/en\/wp-json\/wp\/v2\/categories?post=11447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.alessandropasqual.it\/en\/wp-json\/wp\/v2\/tags?post=11447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}