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You can find great local Nevada real estate information on Localism.com Mary Warren is a proud member of the ActiveRain Real Estate Network, a free online community to help real estate professionals grow their business.


PMI Deductable in 2007

Posted at 4:09 PM, Jan. 7, 2007

Did you know Private Mortgage Insurance (PMI) is a new federal tax deduction in 2007, only for contracts issued in 2007. This is great savings for homebuyers that itemize and must pay PMI on personal residences. Pass it along to 2007 new homeowners! Read more in this MSNBC article http://www.msnbc.msn.com/id/16170664.   Check with your accountant though!  My understanding is this is only good for 2007.
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