Cleanup from Hurricane Ian

[bill Storey]

We had 6 feet of flooding from Hurricane Ian in Fort Myers, Florida. The HOA hired Service Master to cleanout and dry the Condos.

Each affected Owner was assessed a portion of the cost. The Flood Insurance report lists the amount. How do I show the cost and the Insurance reimbursement In the Casualty Loss?

I need to show that a large portion of the Insurance reimbursement went towards the clean up, and not to the actual losses.

[MaryK4]

You can simply deduct the insurance reimbursement for the clean-up from the proceeds received for the insurance.