In Texas, if I refinanced my home mortgage loan... Can I write off the monies I put into escrow for prop tax and insurance?

Lighthrt1 · ‎June 6, 2019

Coleen3 · ‎June 6, 2019

The amounts in escrow are not deductible per se. It holds funds. What is paid to the mortgage company as interest and to the county/city as property taxes is what counts. Unless, it is a rental property, insurance is not deductible.

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Coleen3 · ‎June 6, 2019

The amounts in escrow are not deductible per se. It holds funds. What is paid to the mortgage company as interest and to the county/city as property taxes is what counts. Unless, it is a rental property, insurance is not deductible.

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In Texas, if I refinanced my home mortgage loan... Can I write off the monies I put into escrow for prop tax and insurance?

In Texas, if I refinanced my home mortgage loan... Can I write off the monies I put into escrow for prop tax and insurance?

In Texas, if I refinanced my home mortgage loan... Can I write off the monies I put into escrow for prop tax and insurance?

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In Texas, if I refinanced my home mortgage loan... Can I write off the monies I put into escrow for prop tax and insurance?

In Texas, if I refinanced my home mortgage loan... Can I write off the monies I put into escrow for prop tax and insurance?

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