We had roof and lanai damage.
I've gotten to the casualty losses section, and headed to personal property.
Now I need help:
For Description of Property do I put house, or roof/lanai?
Is the cost basis what the insurance said the damages were worth, or is that the approximate house value?
Is the insurance reimbursement what they paid, or do I include the deductible?
On the next page, it asks for Fair Market Value before and after. Is the the approximate house value?
Where do I put items insurance didn't cover? Is the deductible included in that?
Thanks!
