Is PMI Tax Deductible?

With tax season just around the corner, many taxpayers are looking for any and all deductions possible to increase their refunds or minimize their payments, depending on their situation. Homeowners often benefit from being able to deduct mortgage insurance, late payments and any mortgage points paid during the year. But one question often comes up “is my private mortgage insurance (PMI) deductible?”

Continue Reading Add comment March 13th, 2006