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Hi, Can someone help me? Do I claim my Mortage insurance for a rental house as income AND also as a deduction as a home owner loan?

 
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Hi, Can someone help me? Do I claim my Mortage insurance for a rental house as income AND also as a deduction as a home owner loan?

Why would you paying mortgage insurance ever be considered income ???

 

If you pay mortgage insurance (PMI or MIP) on a rental property then it is only deducted on the Sch E. 

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