Huricane milton tax relief. Are persons whose primary home (IRS address) is outside the affected area, but own second homes inside the area eligible for the tax relief?

[Mike9241]

Yes. But see this link for information:

https://budgeting.thenest.com/can-deduct-loss-second-residence-23574.html 

You also have options for when to take the loss

https://www.irs.gov/pub/irs-pdf/p547.pdf 

The instructions are from 2023.

Since Milton hit late in 2024, it's not covered, but it should be when the 2024 instructions come out.