First, most costs (other than the purchase price of items and repair materials) become miscellaneous itemized deductions, usable only to the extent they exceed 2% of his adjusted gross income.

FORBES: Hobby Horse

The council said the bridge's design and location make repair difficult, as does the extent of the damage.

BBC: New England's Donkey Bridge shut as floods leave it unsafe

Even so, given the size of the storm and the extent of flooding, Mr. Cooper said issues could surface that might delay the starting and repair process.

WSJ: Industry Adapts Quickly to Storm