The Lulu Ledger Blog

The money side, explained.

Practical writing on bookkeeping, deals, expenses, mileage, and taxes — for agents who'd rather understand their numbers than fear them.

8 articles · all topics

Taxes & Reports

Year-End CPA Handoff for Real Estate Agents: What to Send and How to Prepare It

What real estate agents should send their CPA at year-end: P&L, 1099 reconciliation, mileage log, receipts, and estimated-tax records, and how to prepare them.

Oct 10, 2026 · 6 min read
Expenses & Deductions

Expense Categories for Real Estate Agents: A Simple Chart of Accounts

How real estate agents can set up simple expense categories that make a P&L readable and hand off cleanly to a CPA, without guessing what's deductible.

Oct 8, 2026 · 6 min read
Deals & Commissions

Pending Commission Isn't Income Yet: How Real Estate Agents Should Track Their Pipeline

Pending commission isn't income yet. Learn how real estate agents can track pipeline separately from money received, then reconcile it to a 1099 and P&L.

Oct 1, 2026 · 5 min read
Mileage & Receipts

Real Estate Agent Mileage in 2026: The July 1 Rate Change and What Your Log Needs

The IRS standard mileage rate changed on July 1, 2026. Here's how agents split the year, what counts as business driving, and what a mileage log needs.

Oct 1, 2026 · 6 min read
Taxes & Reports

How Much Should Real Estate Agents Set Aside for Taxes From Every Commission Check?

Real estate commission checks don't have taxes withheld like a paycheck does. Here's how to figure out a smart reserve percentage and avoid a surprise tax bill.

Sep 26, 2026 · 7 min read
Tax & Deductions

Are Closing Gifts for Real Estate Clients Tax Deductible? The $25 IRS Rule Explained

Real estate agents can deduct client closing gifts, but the IRS caps it at $25 per person, per year. Here's exactly what counts — and what doesn't.

Sep 22, 2026 · 6 min read
Deals & Commissions

Why Your GCI Doesn't Match What You Actually Keep

GCI measures production, not take-home pay. Here's how splits, business expenses, and self-employment tax turn commission into net profit for agents.

Sep 21, 2026 · 6 min read
Software & Tools

Spreadsheet or Bookkeeping Software? When Real Estate Agents Should Switch

There's no magic deal count for switching. Here's how to tell when a spreadsheet costs more time than dedicated bookkeeping software for real estate agents.

Sep 21, 2026 · 5 min read
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