Get a tax break for storm damage to your home

Posted: Updated:

VALLEYWIDE -- Storm damage to your home or property could be worth a tax credit -- as long as you keep good records.

Loss must be "sudden, unexpected or unusual"

It's part of a little-known tax law that allows homeowners to take property tax cuts.

The program was initiated by the IRS in the wake of hurricanes Katrina and Rite in 2005.

To qualify for the benefit, the loss must have been from an event considered "sudden, unexpected or unusual."

The damage doesn't have to be the result of a storm. The law encompasses fires, burglaries, vandalism and floods, as well.

For more information, including the necessary forms, contact the .