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Sorry---but no. Unless you did that through an organized charity, kind deeds you do for individuals are not deductible on your tax return.
thanks @xmasbaby0 - I'm trying to find proof, but I believe that this was organized by the County & the Red Cross. So if I can find it, then this would be an organized charity. In that case, is it a charitable deduction or income loss?
@luckws You can't deduct the lost revenue. If the property was used by a qualified charity, you may be able to argue that the rental expenses were a contribution, but the forgone rent income would not be deductible, as there is no guarantee that the property would have been rented if you hadn't donated it, and there would be no way of accurately calculating what the forgone rent income would have been. You can't prove the value of something that never happened!
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