personel property loose

I had a storage building broken into on a piece of property I own. The homeowner insurance only paid out $5,000 on a $30,000 dollar loss. They used excuses like depreciation, no coverage on certain items due to being used for personel use instead of farm use. Can I take this loss off my 2006 taxes and what form do I use?

> > > > > > > > >
Reply to
reeed1
Loading thread data ...

Y`ou might want to refer this to the Misc.Legal.Moderated group to determine whether you have recourse against the insurance company. Many of them are low-balling claims.

Reply to
William Brenner

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.