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URL:  https://boards.fool.com/joe-my-parents-were-in-the-unfortunate-path-of-23980975.aspx

Subject:  Re: Hurricane casualty losses (long) Date:  4/17/2006  4:39 AM
Author:  jeffbrig Number:  86288 of 133017

Joe,

My parents were in the unfortunate path of Ivan last year, and their property/landscaping was similarly decimated. Several months later they paid an arborist to come look at their home and help calculate the magnitude of their landscaping losses. They had well over 100 trees down, and most of their bushes and shrubs blown over. The arborist placed their losses somewhere north of $50k. I know it's a little late for Monday, but if you're filing an extension, this may be worth looking into.


Peter,

Based on your previous recommendations, I made it a point to get estimates for equivalent replacement windows/floors (even though we are upgrading some things when we do the work). I am documenting every step of calculating my loss in FMV, and taking notes as to my current thinking in how I arrived at the number I am claiming. I'm even putting a separate file with my taxes this year contianing pics, insurance correspondence, copies of estimates, etc. I want to have all of this information to refer back to in the event of an audit. My total figure for casualty loss is in the high 20s, much higher than I initially expected. Insurance told me to go suck a rock, since there is no open roof or wall breach....

Jeff
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