BB_TX
Returning Member

Casualty Loss Deductions (FEMA DR-4586TX)

Lost 2 oak trees (30 yrs old), significant damage to 3 others in 2021 storm.

No coverage by home insurance.

Since my residence is in the declared event area, all associated loss is fully deductible.

Can I use quoted replacement costs to reduce the FMV of the residence at time of the event when calculating loss?  (Quote is from local nursery by certified arborist.)