Tax deduction for COVID cancellations

Sue1576
Level 1
California, United States

Tax deduction for COVID cancellations

  • if we have cancellations due to COVID, are we allowed to claim the loss of that rent as a tax deduction? This would be for occupancy dates during the "shelter in place"
  • if we rent our property to first responders at a discount/free, can we claim the difference in rental price as a tax deduction? 
 
 
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