Staging Your Home To Sell Is a Taxable Deduction

The cost of hiring a Certified Home Stager can be used as a tax deduction. In today's economy, we need every deduction we can find to recoup from our 2009 losses. After researching the IRS Publication 523 for an exact statement explaining this question, I found that home sellers can write off selling expenses such as (commissions, advertising, which would includes home staging, legal fees and loan charges or points). With that said, a staging consultation is not a taxable deduction. You must advertise the fact either through your Real Estate Agent or by publicly announcing that your home has been Professionally staged. The cost of staging your home to sell varies from simple upgrades such as painting, updating hardware and light fixtures to remodeling your kitchen or bathroom. No matter what your selling price is, the current real estate market demands a move-in ready home to entice buyers and increase the overall appeal of your home. For more information on home selling tax deductions go to: http://www.irs.gov/pub/irs-pdf/p523.pdf Setup to Sell ~ Home Staging and Redesign Grayslake, IL http://www.setuptosell.com

Hello Wendy.  I love this post.  Very creative and smart.