I am planning to sell my investment property. If i was to style the house with furniture prior to selling, does these styling expenses play a part of my capital gains calculation?
For example if i sell my house for $340k and it took me $5k to style the house for it to be ready to be put on the market. Can this reduce my capital proceeds from $340k to $335k?
Or does the $5k be the fourth element of the cost base re capital costs to increase/preserve the value of my asset. Since i am technically increasing the value to sell it higher by styling it with nicer furniture