Can I deduct anything for losses due to a fire in the house I was renting even if my renter's insurance had lapsed?

I did not own the residence but had leased it for several years.

posted

So sorry---that is dreadful, but no, casualty losses are not deductible unless you were in a federally declared disaster area--like a wildfire area.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

No. Personal losses are not deductible unless from a federally declared disaster.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

OKI am a renter. I was filling out the state part and it was asking for a verification letter from the rent that I have paid this year. Where do I get that ?

Expert does your taxes

Do it yourself

Resources

Support

Expert does your taxes

Do it yourself

Resources

Support

Can I deduct anything for losses due to a fire in the house I was renting even if my renter's insurance had lapsed?