Question
Brians main rental house (in Bolinas) was broken into in December of 2021, and some items were stolen. Brian became aware of the break in
Brians main rental house (in Bolinas) was broken into in December of 2021, and some items were stolen. Brian became aware of the break in in 2022, and estimates the value of the items lost are a television worth $2,190 which originally cost $ 4,100 (depreciation of $ 3,200 taken so far), a computer worth $1,200 which originally cost $3,870 (with $ 1,800 depreciation taken so far), some rare recordings worth $5,250 (which originally cost $ 5,000 to buy years ago which Brian kept in the hope of future sale) and repair costs to the rental building of $ 8,620. The building insurance policy has a high deductible, and thus only $9,310 of insurance proceeds were received in 2022 for the loss.
What would be the number of itemized deduction(s)?
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