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Yes, the work that you did that was not paid for by your insurance proceeds is deductible.
However, the costs are deductible over time through depreciation. These are considered "improvements" and must be added to the depreciation schedule as such.
Yes, the work that you did that was not paid for by your insurance proceeds is deductible.
However, the costs are deductible over time through depreciation. These are considered "improvements" and must be added to the depreciation schedule as such.
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