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Diminution of home value related to declared disaster
We were victims of Hurricane Idalia in August 2023. Prior to the hurricane our home appraised for $1.04 million. Had had another appraisal just 9 days after the storm. The post-hurricane appraisal was for $835,000. Can I claim the diminution of the home value on my taxes?
‎February 27, 2024
7:20 AM