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The Tax Adviser
thetaxadviser. com > issues > 2026 > jun > condo-casualty-losses-deductions-for-common-interest-property

Condo casualty losses: Deductions for common-interest property

19+ hour, 9+ min ago  (934+ words) When disaster strikes a condominium or planned community, owners often pay for common-area repairs " but don't always get the casualty loss deduction they expect. This article addresses when deductions are allowed and how communities might restructure ownership to unlock tax…...

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