Carl
Level 15

Investors & landlords

Can you give me details on situation? I have several write-ups for different "casualty loss" situations with rental properties. If one of my write-ups applies to your specific and explicit situation, I"ll post it here for you.

I need details such as:

date of loss
total loss or partial loss?

Loss from what? Fire? Hurricane? Tornado? Some other natural disaster?

Did you rebuild? Or maybe you sold what was left (I would presume only the land) and purchased a completely new property with insurance proceeds?

Did insurance pay out? If so, what date was the payout?

Did the payout exceed, meet, or was less than your actual cost to get back to being a landlord again?

Again, I have several write-ups for different situations, and if one of them matches yours then I can post it for you.