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?
- 1 decade agoFavorite Answer
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.
- GemLv 71 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.
- HeyDonnyLv 41 decade ago
If your paying for the staging out of your own pocket..Yes.
If your charging the client ...NO.