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Investors & landlords
Maybe. The issue is that your loss may not be what you spent on removing the tree but the value of your property before and after the tornado toppled the tree, less any insurance reimbursement, whether applied for or not.
if there was a decline in value mot covered by insurance you can claim a casualty loss by completing Form 4684 = Casualty Loss Section A
‎April 1, 2025
7:29 PM