Carl
Level 15

Investors & landlords

I've attached a word document called Rental Property Fire Loss. You can download it and read it. More than likely you will not be selling the house in 2019 as you can figure at least 6 months to rebuild.

Make sure you understand how the loss rents payment from the insurance company will work, and that you will claim it as rental income received as such, in the year the insurance company makes that specific "loss of rent" payout.