Our fulltime home is a 45' sailboat. It was in New Bern, NC in 9/2018 when Hurricane Florence came thru. It sustained over $55,000 in damage. Our insurance does not cover all the repairs due to the deductible and depreciation of some of the damaged equipment on the boat. The boat is in a boatyard being repaired. Until it is repaired and back in the water, we can not live on it. Consequently we have expenses for meals, travel and hotel rooms. None of those are covered by insurance. How do I account for these storm related living expenses in my tax filing?
