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M
modyssic
March 6, 2021
Question

Can I deduct home staging cost as advertising fee included in sales expenses for a home sale? The web seems to think so, TT however refers to closing statement only?

  • March 6, 2021
  • 2 replies
  • 0 views
In addition, some even consider painting within 90 days of date sold as advertising. Are there detailed guidelines on the "advertising fees" for sales expenses for home sales?

2 replies

M
MAK70
March 6, 2021

Yes, you can deduct staging fees and painting in preparation for sale as Selling Expenses.

 

The IRS Publication 523, Selling Your Home will provide more information and look at Worksheet 2. How To Figure Your Gain or Loss.

    R
    rby21
    September 12, 2024

    Thanks for the info on staging fee deduction.  Just FYI, pointing to IRS pubs are like sending many to a world of hurt.

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