Well I see that my thinking of just what you were asking was waaaaay off!
is was a loss to me in $$ because I paid rent for several weeks that was not covered by insurance.
Unfortunately, no. What you had to pay in rent to live elsewhere is just not deductible on the federal return. However, if your state taxes personal income and has something such as a "renter's credit", you may be able to claim that if you qualify to do so under the state's tax laws.
The association is responsible for all other damage under their policy.
So I take it this is a condo. You may already know this. But I just want to make sure you're aware that when it comes to your losses on the rental side, you can only claim those losses for which you are liable, not those for which the condo association is liable. If you end up paying for any portion the condo is liable for, then whatever you pay out of pocket for that portion just adds to your cost basis in the property. You don't get to deduct it as a permanent deduction anywhere. All I can say on that at this point is be careful. It can (and usually does) get complicated if the association starts this "not mine, I'm not liable" dog and pony show.
