I paid PMI on a rental property. It is not reported on my 1098, but is reported on my end of year mortgage statement. Can I deduct it in additional rental expenses?
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I paid PMI on a rental property. It is not reported on my 1098, but is reported on my end of year mortgage statement. Can I deduct it in additional rental expenses?
I paid PMI on a rental property. It is not reported on my 1098, but is reported on my end of year mortgage statement. Can I deduct it in additional rental expenses?
Yes. Since the PMI is for a rental property and not for your primary residence, it can be deducted as a rental expense on Schedule E.
I paid PMI on a rental property. It is not reported on my 1098, but is reported on my end of year mortgage statement. Can I deduct it in additional rental expenses?
Yes. Since the PMI is for a rental property and not for your primary residence, it can be deducted as a rental expense on Schedule E.
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