qbteachmt
Level 15
03-08-2021
03:39 PM
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"and taking the Contractor estimates and owner's estimates for repairs as the Casualty loss. Does this sound correct?"
You have no actual costs incurred or repairs made for the tax year you are filing? What you seem to have is assets taken out of service until some action is taken.
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"Level Up" is a gaming function, not a real life function.
"Level Up" is a gaming function, not a real life function.