@Carl Thanks, I understand the part about the insured structure. I also believe that when I eventually complete the demolition sometime in the future, that cost will increase the basis of the land. There are many different replies in the TTax Community on how to handle this.
I have gone to the "special handling" page, but not specifically in regards to converting to personal use. I will check your suggestion out. Since the roof was damaged by fire I fail to grasp that it is different from anything else regarding the building having become a "total loss". I do understand that the land is not part of this.
Still wondering why I have an entry on the 4797 regarding "other than casualty" when it is clearly a casualty. I do not know where this data entry originated within the program.
