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Updated over 3 years ago on .

User Stats

28
Posts
11
Votes
Matt Dickens
  • Lender
  • Saint Louis, MO
11
Votes |
28
Posts

PMI = Tax Deductible !!!!!

Matt Dickens
  • Lender
  • Saint Louis, MO
Posted

FYI to all my STL investors who own a home with less than 20% equity and paid PMI in 2021, here's a quick reminder that a portion of your MI premium is tax deductible if your annual gross income for 2021 is at or less than $109K.

Better yet, those who make $100k & below can itemize 100% of MI premiums for the 2021 tax year.

Keep your money in your pocket, people!

Feel free to reach out if you have questions/don't know what any of this means

Matt Dickens 

archmi.com/MI-Tax-Deductibility