Alisha B. asked
We own a triplex; we occupy the downstairs and there are 2 apartments upstairs. In 2015 we paid for repairs caused by water damage in an upstairs apartment. While at it, we had the entire apartment repainted. Several months after the work was done we claimed for those damages from our insurance company, and received a portion of the total cost. Can we claim all of these expenses, and if so, do we have to report the insurance money?
November 23rd, 2024
Alyssa G. answered
You can only claim the portion of expenses that were not covered by insurance. You are not required ...
November 23rd, 2024
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