Anonymous
Anonymous asked in Business & FinanceTaxesCanada · 1 decade ago

Does any one know if you can claim Home Staging as an expense on your income tax ?

What about if you are a Real Estate Agent and you are

paying for a Home Staging for a Client as an added service?

3 Answers

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    If done for a client, it becomes just another business expense, just like ads in the paper or other selling costs.

    If it is for yourself, you could claim it as a selling expense (just like the agent's commission), but this only becomes an issue if it involves a taxable sale. If it's your personal residence, there is not tax so no way to deduct it.

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  • Gem
    Lv 7
    1 decade ago

    If a real estate agent, it could be considered a business expense.

    As an owner, you might be able to add it to your cost basis for your home sale--but never on your income taxes.

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  • 1 decade ago

    If your paying for the staging out of your own pocket..Yes.

    If your charging the client ...NO.

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