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PMI - can it be written off at tax time?
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rkoenke
my little piggys
Member since 3/08 4315 total posts
Name:
rachel
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PMI - can it be written off at tax time?
??
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Posted 11/6/09 3:19 PM  |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: PMI - can it be written off at tax time?
Yes they recently changed the law to allow PMI to be tax deductable.
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| Posted 11/6/09 3:19 PM |
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ave1024
I Took The Wrong Road
Member since 12/07 6153 total posts
Name:
That Led To The Wrong Tendencies
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Re: PMI - can it be written off at tax time?
Oh just so you know there are restrictions... based on when you bought. It's also only a temporary law.
Link
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| Posted 11/6/09 3:21 PM |
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skinny
3 boys and a princess!
Member since 11/08 8178 total posts
Name:
Momma
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Re: PMI - can it be written off at tax time?
Posted by ave1024
Oh just so you know there are restrictions... based on when you bought. It's also only a temporary law.
Link
It's annoying that the income limit for a family is $100,000. In Wyoming, that makes u a millionaire. In NY, it makes u middle class. I really don't understand why they don't adjust these things based on location. VERY ANNOYING!
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| Posted 11/6/09 4:31 PM |
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MaZz
* Lovin my baby girl!!! *
Member since 2/09 6243 total posts
Name:
Gina
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Re: PMI - can it be written off at tax time?
Does the same go for MIP? (MIP essentially the same thing as PMI, just worded differently for FHA loans)
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| Posted 11/6/09 4:38 PM |
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rkoenke
my little piggys
Member since 3/08 4315 total posts
Name:
rachel
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Re: PMI - can it be written off at tax time?
Posted by skinny
Posted by ave1024
Oh just so you know there are restrictions... based on when you bought. It's also only a temporary law.
Link
It's annoying that the income limit for a family is $100,000. In Wyoming, that makes u a millionaire. In NY, it makes u middle class. I really don't understand why they don't adjust these things based on location. VERY ANNOYING!
amen!
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| Posted 11/6/09 8:53 PM |
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