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Personal loss
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I was reading that you can claim personal loss but only if it was a federal disaster....we got 4 foot of water on the property last May but it wasn't a "federal disaster "....I lost alot of tools and other stuff.... I am trying to get a handyman business going but don't have ein yet ....so not sure how that works with taxes
Just a bit of knowledge I learned right after the flood...renters insurance doesn't cover flood...
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