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Claiming loss of rental income on income tax

Posted: Tue Aug 08, 2006 3:48 am
by oriole6
Is there any way to claim loss of rental income due to vandalism of a rental trailer? The trailer had to be totaled. I've already claimed the loss of the trailer itself, but now I have no trailer to rent and of course couldn't even rent the space while I was getting the mess out of there.

Re: Claiming loss of rental income on income tax

Posted: Thu Aug 10, 2006 7:24 pm
by admin
You might be able to make some type of claim. Seek the advice of your tax preparer for the highest and best use of your loss