Tax Website Reveals How to Deduct Private Mortgage Insurance in 2015, 2016
Tax specialist Frank Ellis has published a new article on Americantaxservice.org that discusses the process of deducting Private Mortgage Insurance (PMI). Home related tax deductions for 2015, 2016 are explained. According to the author, PMI is added to the purchase price of those who can't afford a 20% down payment on a house, protecting the lender against possible default on the loan.
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