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re: Tax question about Casualty & Theft Loss, probably

Posted on 10/11/12 at 6:26 pm to
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 10/11/12 at 6:26 pm to
quote:

Have you considered a civil suit against the seller of property?
I seem to recall a case from business law that focused on the issue of a sellers duty to disclose material information that would affect the price of property. It would appear that this is close to the proverbial textbook case.
Posted by weaglebeagle
Alabama
Member since Jan 2011
1559 posts
Posted on 10/12/12 at 6:24 am to
I agree with Tigeryat. What kind of an impact on the value of the property do you think this had? It may not even be worth the effort.

I think poodlebrain is on the right track if you hope to recoup any loss you feel you might have.

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