When I purchased my home, which I rent a portion out, I paid a VA funding fee. I began treating and deducting the VA funding fee as PMI on an 84 month basis. This past year I refinanced my home and as a result the original loan no longer exists. Do I continue deducting the fee based on that same 84 month basis, or is it retired and I can go ahead and deduct the remainder of it essentially being a loss? Since I rent a portion of a home a portion would be a business (rental) and personal expense...
