MayaD
Expert Alumni

Investors & landlords

No, your apartment fire does not qualify for a tax deduction. 

 

For tax years 2018 through 2025, if you are an individual, casualty or theft losses of personal-use property are deductible only if the loss is attributable to a federally declared disaster. 

Publication 547 (2023), Casualties, Disasters, and Thefts

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