Can I deduct the PMI on rental property that we rent all year? I see no place to enter this deduction in schedule e.

[tagteam]

"Can I deduct the PMI on rental property that we rent all year?"

Yes - Line 9 of Schedule E.

See https://www.irs.gov/faqs/sale-or-trade-of-business-depreciation-rentals/rental-expenses/rental-expen...

[stephanbrown2]

I am using Turbo Tax. I do not see a line "9" as I go through the pages.

[tagteam]

In the Rental section under "Expenses", enter the amount of PMI you paid in the box next to "Insurance".