Brody & Associates has extensive experience on all aspects of hurricane insurance proceeds and reinvestment strategies.
Our primary objective is to avoid income recognition associated with such insurance proceeds; accordingly, we utilize certain elections in accordance with IRC Section 1033 to defer income, including the following:
- Replacement Period Guidance and Reinvestment Period Extension Requests
- Qualified Replacement Property Identification Assistance
- Go Zone or other Federal Declared Disaster Areas for Special Treatment
Our experience on casualty losses, reinvestment planning and special treatment knowledge provides our clients with cutting-edge income deferral procedures. |