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Updated over 5 years ago, 08/13/2019
PMI Tax Expense / Deduction on Rental Property
I believe PMI is no longer tax deductible in schedule A, but is it still a tax reducing business expense for rental properties?
I found this article on the IRS website but this cannot be true.
https://www.irs.gov/faqs/sale-or-trade-of-business-depreciation-rentals/rental-expenses/rental-expenses-1
Can I just add the PMI expense to my interest or insurance line in Schedule E?