[ANSWERED] 1.Compare and contrast the computational rules for deducting casua lty losses on persona l-use…

1.Compare and contrast the computational rules for deducting
casua lty losses on persona l-use property with casualty losses incurred on
business or investment property.
2. Under what circumstances may a loss arising from a casua
lty or theft be deducted in a year other than the year in which the loss
occurs?