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We suffered property losses in 2017 from hurricane Irma and
We suffered property losses in 2017 from hurricane Irma and reported the loss in that year. After a long battle we received a partial reimbursement from insurance in 2018. Do I report the loss and gai… read more
emc011075
emc011075
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IRS tax question: What is the best way to determine the fair market value of a rental property after a casualty loss like Hurricane Harvey? What if it wasn't appraised? Can it still be appraised even … read more
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Barbara
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IRS Tax Question: Is there an exemption for the early
IRS Tax Question: Is there an exemption for the early withdrawal of a 401(k) due to damage from Hurricane Harvey? Please provide IRS references.… read more
emc011075
emc011075
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We live in Tampa Bay area of Florida. Hurricane Irma damaged
We live in Tampa Bay area of Florida. Hurricane Irma damaged our roof and it was replaced. Insurance paid for all except $7,000 dollars, which is approximately our deductible. Can we claim the $7,000 … read more
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I received insurance money for damages to my house from
I received insurance money for damages to my house from Hurricane Harvey. I will do most of the repairs myself and it will cost less than the insurance payment. Will what is left be income or capital … read more
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I had a mobile home. Due to hurricane Irma I ended up just
I had a mobile home. Due to hurricane Irma I ended up just signing it over to the mobile home park. I had need of a new roof. Mold was in my house. I had two tarps on the room, the last rain we had it… read more
PDtax
PDtax
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We had water damage to our home through water seeping
We had water damage to our home through water seeping through an exterior wall. Our homeowners insurance did not cover the cost of repairs as it was pre-existing. I am out of pocket almost $11,000. Ca… read more
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With Hurricane Irma hitting Florida, will the September
With Hurricane Irma hitting Florida, will the September business tax deadline be extended? … read more
Robin D.
Robin D.
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My 2008 personal 1040 tax return was filed February 4, 2010.
My 2008 personal 1040 tax return was filed February 4, 2010. I earned $5692.00 total that year in income. I forgot to claim a loss in 2007 of $150,000. I lost $150,000 preconstruction deposit on a hom… read more
emc011075
emc011075
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We had trees growing in our backyard and the roots grew under
We had trees growing in our backyard and the roots grew under the concrete slab which the house sits on. It caused serious damage and cost several thousand dollars to repair. the insurance did not cov… read more
emc011075
emc011075
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In 2007 a fire swept through our community. It burned 2200
In 2007 a fire swept through our community. It burned 2200 of my avocado trees. It was determined our local utility company was to blame and the area was declared a federal disaster zone. I filed a cl… read more
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HELLO AGAIN MARJORIE ... TO REFRESH YOUR MEMORY OUR BUSINESS
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We had some fire/smoke damage to our home in December. We
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how can I deduct a loss on my home from mold where we had to
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I had hurrican damage on my rental house and received a check
I had hurrican damage on my rental house and received a check for $25,000. I repaired the home and now have expenses for material and labor. Can I write this off on my current tax return?… read more
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I sold my vacation condo in Florida and made a ...
I sold my vacation condo in Florida and made a profit. Can I deduct improvement costs and condo fees and hurricane assessments when filing my capital gains form?… read more
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my home was damaged due to hurricane katrina and fema has ...
my home was damaged due to hurricane katrina and fema has turned me down for assistance. How can I get a grant for repairs? I live in a historical district and I can get fined due to what my house loo… read more
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