Partnership LLC rental property had a fire

Good Afternoon.

 

My wife and I have a Partnership LLC for one rental property in Minnesota.  It is one  townhome unit in an eight unit building.  (There are a total of 2 buildings (16 townhome units).  There was a fire in the adjacent townhome unit that affected and completely destroyed our townhome as well on 24-May-2021.  We had insurance with income loss protection.  So, we effectively had rent covered at 98% of what we would have collected.  We let the bank know.  But, we continued to pay mortgage, property taxes,  association dues and insurance and as we normally did with a renter.  We have not had any out of pocket expenses while rebuilding the property in 2021.   We are assuming that we cannot not just enter our business taxes as we normally did since we were depreciating to property for the year.  We are not sure what things we need to select and entered in Turbo Tax Business to enter our business taxes properly.   Has anyone else gone through this that help guide us?  We are filing an extension for our business taxes while we get this sorted out. 

 

Much Thanks for any help in advance

 

Kind Regards,

 

Tim & Carmen