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February 6, 2025
Question

How to determine FMV of a roof replacement before and after?

  • February 6, 2025
  • 1 reply
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    February 6, 2025

    The best way to determine the Fair Markey Value (FMV) is to get an appraisal.  See Appraisal, Cost of cleaning up or making repairs, and Special Procedure—Safe Harbor Methods for Determining Casualty and Theft Losses in IRS Publication 547.