Solved: I've been paying flood insurance for years finally had the property resurveyed and we are not in a flood zone. Can I write these payments off as a loss on my taxes?
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I've been paying flood insurance for years finally had the property resurveyed and we are not in a flood zone. Can I write these payments off as a loss on my taxes?

 
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I've been paying flood insurance for years finally had the property resurveyed and we are not in a flood zone. Can I write these payments off as a loss on my taxes?

Sorry no.  Flood insurance is not deductible on a personal residence, not used as a rental or in a business.

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Level 15

I've been paying flood insurance for years finally had the property resurveyed and we are not in a flood zone. Can I write these payments off as a loss on my taxes?

Sorry no.  Flood insurance is not deductible on a personal residence, not used as a rental or in a business.

View solution in original post

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