Rental Loss Claims Explained with Sophia Hourihan | FAZ Forensic Focus #20

In this episode of Forensic Focus, host Charles Amodio sits down with colleague Sophia Hourihan, MSA, CPA, CFE , and Supervisor at FAZ Forensics to discuss forensic accounting and business valuation through real-world claims. They cover loss of rents, agricultural claims, stock losses, and the importance of documentation in forensic investigations. This episode offers valuable insights into the forensic process, claim challenges, and industry best practices.

00:00 Introduction and fall season updates
00:42 Work trends and seasonal claims activity
02:08 Rise in rental loss claims
03:20 Challenges in loss of rent claims
04:02 Step-by-step process for evaluating rental loss claims
05:26 Documentation needs: leases, rent rolls, profit/loss
06:18 Calculating lost rent and business income
06:57 Importance of tenant timelines and updates
07:32 Why Sofia enjoys rental loss cases
08:35 Agricultural and production facility claims
09:20 Stock loss claims and warehouse interruptions
10:20 Agricultural claims and record-keeping
11:14 Documentation delays and challenges
11:38 Life outside work: fitness, reading, and book clubs
12:31 Personality and balancing work with playfulness