What is date acquired in personal property casualty?

[tjsuyak]

Had power and communication lines torn out of my house due to a tree falling on utility lines across the street, witch then snapped the utility pole.

[Anita01 · Accepted solution]

You would use the same date as the purchase date of your house.  That's when you acquired use of the lines.

[tjsuyak]

Thank you, very helpful.

[tt8g9gg]

What if the roof was replaced about 13 years ago and house was built in 1979?

[Anita01]

You still use the date you purchased the house.  Property value before the casualty will reflect improvements up until that point, including the value of your new roof.

[Anita01]

You don't really take casualty losses for a specific part of your house.  You have to think about it as damage to the property value overall.