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hpatman
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Are Mortgage Interest and/or Mortgage Insurance Premiums on a reverse mortgage deductible items?

 
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2 Replies

Are Mortgage Interest and/or Mortgage Insurance Premiums on a reverse mortgage deductible items?

Not while they are accruing but yes if you are paying the mortgage off or making payments ... they should issue you a 1098 just like any other mortgage. 

hpatman
New Member

Are Mortgage Interest and/or Mortgage Insurance Premiums on a reverse mortgage deductible items?

Yes, thanks for your input.

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