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Message
re: La Flood Recovery Funds - RESTORE
Posted on 4/3/17 at 1:05 pm to Bard
Posted on 4/3/17 at 1:05 pm to Bard
quote:There are rules associated with claiming a "loss". There's a 10% of your household AIG buffer along with deducting your FEMA money and any other grants you received.
As a sidenote: I spoke to my accountant this weekend and it seems that you can claim many of the expenditures you made to bring your home back up to fair market value
1
Posted on 4/3/17 at 2:03 pm to ell_13
quote:
There's a 10% of your household AIG buffer along with deducting your FEMA money and any other grants you received.
Thanks :)
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