I thought this might be a helpful tool to your clients when selling them a house or home loan.
Congress recently extended legislation that makes mortgage insurance (MI) premiums tax deductible for homeowners through 2011/ Families with household income of $100,000 or less can deduct the full amount of their MI premium on their federal taxes. Households earning up to $109,000 can qualify for a reduced deduction. That could mean $200 - $400 in your pocket...wouldn't that be nice!
Please see attached link for more information.
http://mortgageinsurance.genworth.com/pdfs/Marketing/MITaxDeduct-Consumer.pdf
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