Jack Potts Best West Realty Ltd. 700 Tranquille Rd. PO Box: # 70 Kamloops, BC, V2B 8R3
Office: 250-554-4511 Cell: 250-571-8838 Fax: 250-377-4173
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costs of a natural disaster |
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Are the costs of a natural disaster deductible?
Damage, destruction or loss of property from fires, floods, earthquakes and other disasters are deductible from both state and federal income taxes. In such a case, the IRS only allows a deduction less than or equal to the fair-market value of the property before the disaster.
Losses on the sale of your own home are not deductible, through they are deductible for rental properties.
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Kamloops News
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Kamloops News
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Local news for Kamloops, BC continually updated from thousands of sources on the web. |
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Canada's Pendrel finishes fourth at mountain bike world cup event
World champion Catharine Pendrel is already looking ahead after what she called the worst performance of her year.Pendrel, from Kamloops, B.C., finished fourth Sunday in the fourth round of the mountain bike World Cup.Pendrel was one minute 12 seconds behind winner Gunn-Rita Dahle Flesjaa of Norway.
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Photos: Best of 2012 Cloverdale Rodeo
B.C. tech sector companies ranked by number of employees in B.C. in 2012. Source: Business in Vancouver magazine.
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Sadok jumps for Ukrainian culture
Sadok Ukrainian Dance Ensemble members Aria Fedoruk, Baya Inzunza, Jorja Catt and Paige Fedoruk watch dancers on stage at the the recent Ukraine Fundraising Banquet in Salmon Arm.
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