Thank you so much for the quick responses and helpful answers to my question!! Yes, the $6,000 is insurance deductible they subtract when they mail out the insurance claim check. One more question, so I can list $6,000 under casualty and losses under deductions and credits on Schedule E under rental property? I used the Turbox tax software, which line and section exactly I need to report $6K as casualty and losses on Schedule E? Thank you again for your help!!
