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Which of the following is NOT considered a casualty event, regardless of whether a casualty loss or gain will be allowed? A rental home decreasing

Which of the following is NOT considered a casualty event, regardless of whether a casualty loss or gain will be allowed?

A rental home decreasing in value due to an increase in neighborhood crime.

A business-use property being destroyed by a hurricane.

A pipe bursting in a factory due to a sudden, unexpected equipment malfunction.

A business delivery vehicle in an automotive accident.

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