Private Mortgage Insurance Insights Now Featured on American Tax Service Website
Frank Ellis, a tax preparation expert and author, has published an article on the American Tax Service website, which explains how Private Mortgage Insurance (PMI) can be deducted. The information applies to those who don't have a 20% down payment at the time of home purchase. Protecting the lender against defaults on mortgage loans, PMI can also be deducted when filing tax returns, the author reveals.
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