Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProConnect Tax
- :
- ProConnect Tax Discussions
- :
- Re: How do I report Rental property fire restoration expenses in excess of insurance reimbursement?
How do I report Rental property fire restoration expenses in excess of insurance reimbursement?
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
mstsax
Level 3
03-06-2023
04:35 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Our single family rental house suffered major smoke damage from the fire that destroyed 1000 homes. The house could not be rented for 4 mo. The smoke mitigation and interior repairs cost $60,000. Insurance paid $48,000. How do I report?
Labels
1 Comment 1
taxes96786
Level 9
03-06-2023
09:43 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Topic No. 515 Casualty, Disaster, and Theft Losses - IRS
