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My rental property was burned down (fire) and my HOA rebuilt it then I sold.
My rental property was burned down in July 2023, I did not mention this in my 2023 return. I also did not have any homeowners insurance on the property. The property was deemed a total loss. My HOA's master insurance rebuilt it in July 2024 and I just sold it. How would I incorporate all of these events for the coming tax year?
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‎October 15, 2024
9:37 AM