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How to i report a casualty loss due to plumbing leak on a rental property?

MAEB
Level 1

$33,241 repairs, $15,231 insurance reimbursement. remainder $18,010 cannot all be a loss, 

Some items include kitchen lower cabinet replacement, new drywall and paint and flooring due to damage.

Do i list all new items as assets, with the cost? the property value remains the same.

Thanks Y'all!

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