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2. Is private mortgage insurance (PMI) tax-deductible? - AOL

   www.aol.com/finance/private-mortgage-insurance...

   You might not remember it, but in 2019, Congress reintroduced a federal tax deduction for private mortgage insurance (PMI), that extra monthly fee lenders charge if you make a down payment under ...

3. Can You Deduct Homeowner’s Insurance on Your Taxes? - AOL

   www.aol.com/deduct-homeowner-insurance-taxes...

   You have rental property: If you pay mortgage insurance premiums on income-generating property, a rental property insurance tax deduction may be available. This is because homeowners insurance for ...

4. 11 Tax Deductions You Can Take If You Have Rental Income - AOL

   www.aol.com/11-tax-deductions-rental-income...

   Here’s a list of common tax deductions if you have rental income: Mortgage interest. Property tax. Operating expenses. Depreciation. Repairs, including materials and supplies. Interest. Taxes ...

5. Home mortgage interest deduction - Wikipedia

   en.wikipedia.org/wiki/Home_mortgage_interest...

   Canadian federal income tax does not allow a deduction from taxable income for interest on loans secured by the taxpayer's personal residence, but landlords who own rental residential or commercial property may deduct mortgage interest as a reasonable business expense; the difference between the two being that the deduction is only allowed when ...

6. Lenders mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Lenders_mortgage_insurance

   Mortgage insurance became tax-deductible in 2007 in the US. [3] For some homeowners, the new law made it cheaper to get mortgage insurance than to get a 'piggyback' loan. The MI tax deductibility provision passed in 2006 provides for an itemized deduction for the cost of private mortgage insurance for homeowners earning up to $109,000 annua

7. Mortgage Interest Deduction: Limits and How It Works - AOL

   www.aol.com/finance/mortgage-interest-deduction...

   For many years, PMI premiums were tax-deductible, but this deduction expired in 2021. However, you may still be able to deduct your PMI, if it applies to a rental property.

8. Mortgage insurance - Wikipedia

   en.wikipedia.org/wiki/Mortgage_insurance

   Borrower paid private mortgage insurance, or BPMI, is the most common type of PMI in today's mortgage lending marketplace. BPMI allows borrowers to obtain a mortgage without having to provide 20% down payment, by covering the lender for the added risk of a high loan-to-value (LTV) mortgage.

9. Rental Property Tax Deductions - AOL

   www.aol.com/news/rental-property-tax-deductions...

   Continue reading → The post Rental Property Tax Deductions appeared first on SmartAsset Blog. Being a landlord can significantly bolster your savings, but it’s also a lot of work. On top of ...