Mtg insurance premiums Rental

[cpabsd]

Mortgage insurance premiums paid on a rental property - are these to be capitalized? If yes, do you add an amount each year for the premiums paid and depreciate it?

[michaelmars]

deduct

[Terry D EA]

You should be able to deduct these on schedule A.

[Jack from Ohio]

You should be able to deduct these on schedule A.

Not for a rental. Expense, just like the mortgage interest.

[Pacun]

You should be able to deduct these on schedule A.

Don't confuse the vowels. You said A but it should be E.

[michaelmars]

IOU