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Investors & landlords
Federal disaster areas can result in a casualty loss deduction, yes. However, there are a lot of hurdles. Most of the articles on this are outdated, in fact. I posted a couple of them here before I edited it.
Here's the IRS info about casualty losses.
Here's how to enter a casualty loss in TurboTax.
[Edited 02/23/23| 11:00 AM PST]
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‎February 23, 2023
10:56 AM