Insurance reimbursement on roof damage then house sold

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02-14-2011, 09:58 AM

Stevo

Junior Member

Join Date: Feb 2011

Posts: 1

Insurance reimbursement on roof damage then house sold

House in Kansas. Sold Oct 2010. Insurance claim on roof of $4,000 in 2010which was not used to repair the roof as part of sale. How is the $4,000 treated? Income?

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