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?
posted
June 3, 201911:32 AM
last updated
June 03, 201911:32 AM
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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.
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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