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hurles4u
New Member

FMV ? befor & after Irma, would that be what I think home would have sold for prior to Irma & what it would sell for afte Irma damage done? Or leave it with zeros?

 
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PatriciaV
Expert Alumni

FMV ? befor & after Irma, would that be what I think home would have sold for prior to Irma & what it would sell for afte Irma damage done? Or leave it with zeros?

Yes, if your home suffered damage due to Hurricane Irma, enter the fair market value before and after the storm damage. You may need to contact a real estate professional or your insurance adjuster for an estimate of these market values.

Fair Market Value is defined as the price that a person reasonable interested in buying a given asset would pay to a person reasonably interested in selling it [or what the] asset would fetch in the marketplace.

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PatriciaV
Expert Alumni

FMV ? befor & after Irma, would that be what I think home would have sold for prior to Irma & what it would sell for afte Irma damage done? Or leave it with zeros?

Yes, if your home suffered damage due to Hurricane Irma, enter the fair market value before and after the storm damage. You may need to contact a real estate professional or your insurance adjuster for an estimate of these market values.

Fair Market Value is defined as the price that a person reasonable interested in buying a given asset would pay to a person reasonably interested in selling it [or what the] asset would fetch in the marketplace.

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