Question 1

What can a Canadian real estate agent deduct on T2125?

Accepted Answer

Canadian REALTORS can deduct: motor vehicle (gas, insurance, maintenance — line 9281), advertising/MLS/photography (line 8521), home staging supplies, office supplies (line 8810), professional fees (line 8860), board dues and licensing (line 8760), commission rebates to clients (100% deductible), business-use-of-home (Part 7 of T2125), and meals & entertainment for client/colleague meetings (line 8523, 50% deductible).

Question 2

Do real estate agents need to register for HST in Canada?

Accepted Answer

Yes, once gross commission income exceeds $30,000 in any 12-month period — which applies to nearly all full-time agents. Once registered, you charge HST on commissions but can claim back HST on business expenses (ITC). R2Sheet auto-extracts HST from every receipt, making quarterly ITC filings straightforward.

Question 3

Are commission rebates to my clients deductible?

Accepted Answer

Yes — commission rebates paid to buyers/sellers are 100% deductible on T2125 (typically line 9270 "Other expenses"). Track them as a separate Tag in R2Sheet so they're easy to total at year-end.

Question 4

What's the best Canadian receipt app for realtors?

Accepted Answer

Realtors typically use MileIQ for mileage tracking (best-in-class GPS) and a separate receipt scanner. R2Sheet covers receipts + categorization + Google Sheet output, complementing MileIQ for the full T2125 picture. R2Sheet is $4.99 CAD/month vs realty-specific tools like Realtyzam at $12+/month.

Stop losing deductions
between listings.

Open-house coffee, gas to listings, MLS fees, staging supplies, lockboxes — snap each receipt as it happens. R2Sheet auto-categorizes to T2125 lines, splits HST, lands everything in your Google Sheet.

Sound familiar?

Drives between listings get forgotten

MLS, board dues, CE — receipts everywhere

Commission rebates to clients

Home office split with spouse

Deductions you're probably leaving on the table

Why R2Sheet

Google Sheet you own

Built for Canadian T2125

$4.99 CAD beats every realtor app

Stop the April-panic ritual.

Stop losing deductions
between listings.

Open-house coffee, gas to listings, MLS fees, staging supplies, lockboxes — snap each receipt as it happens. R2Sheet auto-categorizes to T2125 lines, splits HST, lands everything in your Google Sheet.

Sound familiar?

Drives between listings get forgotten

MLS, board dues, CE — receipts everywhere

Commission rebates to clients

Home office split with spouse

Deductions you're probably leaving on the table

Why R2Sheet

Google Sheet you own

Built for Canadian T2125

$4.99 CAD beats every realtor app

Stop the April-panic ritual.

Stop losing deductions between listings.

Open-house coffee, gas to listings, MLS fees, staging supplies, lockboxes — snap each receipt as it happens. R2Sheet auto-categorizes to T2125 lines, splits HST, lands everything in your Google Sheet.

Sound familiar?

Drives between listings get forgotten

MLS, board dues, CE — receipts everywhere

Commission rebates to clients

Home office split with spouse

Deductions you're probably leaving on the table

Why R2Sheet

Google Sheet you own

Built for Canadian T2125

$4.99 CAD beats every realtor app

Stop the April-panic ritual.

Stop losing deductions between listings.

Open-house coffee, gas to listings, MLS fees, staging supplies, lockboxes — snap each receipt as it happens. R2Sheet auto-categorizes to T2125 lines, splits HST, lands everything in your Google Sheet.

Sound familiar?

Drives between listings get forgotten

MLS, board dues, CE — receipts everywhere

Commission rebates to clients

Home office split with spouse

Deductions you're probably leaving on the table

Why R2Sheet

Google Sheet you own

Built for Canadian T2125

$4.99 CAD beats every realtor app

Stop the April-panic ritual.

Stop losing deductions
between listings.

Stop losing deductions
between listings.