Mortgage Insurance is Tax Deductible In Many Cases

By
Mortgage and Lending with C2 Financial Corporation

Any purchase or refinance that closed after December 31, 2013 are eligible for qualified borrowers. Borrowers with an adjusted gross income of less then 100,000 would be able to deduct 100% of their MI premium. It is subject to income limits. Please consult your CPA or tax professional for advice. 

Comments (2)

Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Shawn - Thanks for sharing this information. I am not sure that all home owners know their mortgage insurance may be tax deductible.

Apr 27, 2015 04:58 PM
Shawn Sidhu
C2 Financial Corporation - San Jose, CA

You're welcome Troy.

Apr 28, 2015 02:25 AM

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