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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?

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?
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2 Replies
MaryK4
Expert Alumni

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?

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.

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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?

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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