Quote from @V.G Jason: I think the moral of your story is a bit misplaced.

Quote from @Mario Morales: From what I understand, you can deduct the entire premium as it is an expense to run the rental property.

I know that morally it would only be right to do so, but I'm wondering if legal issues could arise? 

., @Terence Wang, @Dustin Rose, @Jeb Brilliant, @Mark Shuter, @Jon Minerick, @Jonathan Orr, @Nick McCandless, @Blake La Grange, @Sulaiman Harooni, @Andrew Johnson, @Eric Hyde, @Colin Lee, @Victor Morales, @Christopher Yerikian, @Steven Marlowe, @Julie Phan, @Wei Cho, @Vinci S. and @Khoa P.

@Mario Morales yeah, give us some more details here. 

Good, moral lawyers are out there.

On the inflation front, the Core Personal Consumption Expenditures Price Index met the Fed’s 2% target in Q4 on a quarterly basis.CBRE ForecastWhile core inflation fell in Q4, jobless claims from a week ago were higher than expected.

Also, I should point out that your official measurement of water consumption (feeling) won't hold up in any court. 

I ran all the 240v electric to the hot tub & it's always set to 96degF with it being adjusted higher during use, yet the electrical consumption is not noticeable.We do not use anything other than Eco-one to treat the water, but I throw in a cup of chlorine after heavy use.

We all operate with moral absolutes as a foundation, but decisions beyond that arena largely come down to understanding the trade offs and optimizing for the result that fits best for your family.