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Tax Deductible Home Staging
Tax deductible home staging is a facet of the property staging industry which is very appealing to sellers. Many home owners do not realize that US tax laws allow
home staging costs
to be written off taxes as part of “real estate advertising” costs when the home is sold. This can facilitate enjoying the many
benefits of home staging
without any real risk, since the price of the service can be fully recouped when the house or apartment is sold. FANTASTIC!!! Furthermore, since staging is essentially a no risk investment, sellers feel much better about spending a little extra in order to really make their homes stand out from the crowd! This, in turn, brings in higher offers and leads to a larger profit on the sale.
Is Home Staging a Tax Deduction?
Home staging, as I have mentioned many times before, is not decorating.
Decorating
is NOT tax deductible! Home staging is actually
real estate marketing,
and as such, is tax deductible for virtually all property owners. Home stagers fees including
furniture rental,
art rental
and other specific strategies are fully allowable as legal advertising deductions. However, any renovation work or redecorating not part of the staging plan is NOT tax deductible at all. Therefore, it is wise to keep your aesthetic alterations in line with your stager’s recommendations and only splurge on full scale remodeling if there is no other choice. This way, you get the most benefit for your buck!
Tax Deductible Home Staging Considerations
It is always a good idea to talk to your accountant or tax specialist to fully understand what CAN and CAN NOT be used as a legal deduction on your taxes. DO NOT assume that you know or even take your stager's word for it without getting qualified legal advice from a tax specialist. That being said, the vast majority of staging clients are able to fully recoup their investment on
home staging services
and simply enjoy the added profit that their stagers have provided to them. All in all, there are few investments which feature so little risk and so much room for potential reward in life and none even come close in the
real estate
industry! This is why home staging is a no-brainer for any savvy seller!
Tax Deductible Home Staging Advice
Most of my own clients are happy to simply benefit from the wonderful staging plans I help them create. They see the changes in their
home décor
and are so grateful for the increased buyer satisfaction ratings they receive. However, when these clients discover that the cost of staging is a tax deduction, they often question if it can possibly be true… I mean, how can something which works so well to sell a home actually cost NOTHING once deducted? I assure them, much to their delight, that this is true and that the benefits of staging keep on giving, even after the sale is made…
Tax Deductible Home Staging to Home Staging

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