Casualty Loss Deductions
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Casualty losses are deductible but can be hard to claim.
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What Constitutes a Deductible Casualty Loss?
Suddenness is the hallmark of a casualty loss. Find out what type of events qualify.
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Can Co-op Owners Deduct Casualty Losses?
Co-op owners can deduct shared casualty losses for common areas. Find out how and why.
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