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Investors & landlords
The original question here is if Mortgage Insurance is deductible for rental properties. The asnwer to that question is "yes". See the info from the IRS website.
Question
Can you deduct mortgage insurance premiums on rental property?
Answer
In general, you can deduct mortgage insurance premiums in the year paid. However, if you prepay the premiums for more than one year in advance, for each year of coverage you can deduct only the part of the premium payment that will apply to that year. Report the deduction on line 9 of Schedule E (Form 1040 or 1040-SR), Supplemental Income and Loss.
‎February 4, 2020
8:28 AM