Private Mortgage Insurance |
Apr. 25, 2007
Categorized in: Real Estate Information
PrivateMI premiums are now tax deductible for qualified borrowers who purchase or refinance a home in 2007.
Now many families can enjoy the stability of PrivateMI's predictable monthly premium and deduct those premiums when they file their taxes. Families with a household income of $100,000 or less will be able to deduct the full premium cost of PrivateMI in 2007, while families earning up to $109,000 can qualify for a reduced deduction.
Talk to your accountant or tax professional.
