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January 30, 2025
Question

My roof was destyroyed in a fema zone. The tax question is asking me what the fair market value was before loss, what do I do

  • January 30, 2025
  • 1 reply
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it was mostly paid for by insurance but not fully

    1 reply

    PatriciaV
    Employee
    January 30, 2025

    Fair Market Value can be provided by a competent appraiser familiar with your real estate market. While your property tax appraisal statement may provide the total market value of your property, only an appraiser can provide the breakdown for the portion that was destroyed.

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