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You should have an increase to basis equal to the cost of the new roof (including your $1000).
Decrease in Basis equal to deductible casualty loss and insurance proceeds.
This would basically work out to a $1000 increase in basis.
You should have an increase to basis equal to the cost of the new roof (including your $1000).
Decrease in Basis equal to deductible casualty loss and insurance proceeds.
This would basically work out to a $1000 increase in basis.
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terimac4
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06kids-gmail-com
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gdgremmelsbacher
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sandrawa
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sandrawa
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