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<Ken Six>
Posted
Hello everyone! Has anyone had experience with
tree evaluation for tax purposes with the tree dying from construction stress?
 
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<lewbloch>
Posted
Reply to post by Ken Six, on July 14, 1998 at 21:19:34:

If the loss was a sudden unexpected loss, it would qualify for a casualty loss. If it is for a personal return, only the amount over 10% of ones adjusted gross income would qualify, but if it was a business or investment property, the total appraisal would qualify. Use THE GUIDE, and be sure NOT to use the trunk formula method.
Very treely,
Lew
 
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