Guy for 3
years he has not being working since, he drive my car I pay for his medical
insurance food and
cell phone allowance and I help him with pocket money he says if I love him I can give him loan or open a business for him, he says he is tired of watching me me being rich and eating my money, is it my resposibility to help him with opening.
* Earned commission of $ 26,300 * Office split, which reduces the commission by 20 %, to $ 20,680 *
Insurance and professional fees reduces these fees another $ 3,000 per
year (on the average 6 transactions that works out to a $ 500 deduction), reducing the in - pocket earnings to $ 20,180 * Professional fees (educational courses, accountant / bookkeeper,
cell phone, gas) at an estimated $ 12,000 (divided by 6 transactions, another $ 2,000 deduction), reducing the in - pocket earnings to $ 18,180 * Per transaction marketing fees (photography, staging, flyers, etc.) is another $ 3, o00 cost, further reducing the commission to $ 15,180 * Assuming all six transactions were for homes selling for $ 1 - million, the realtor's before - tax income would be $ 91,080 * After tax (assuming the realtor worked in Ontario) annual earnings would be $ 68,827