is property mortgage insurance tax deductible

[SanBrayden]

For a primary residence in the U.S., mortgage insurance premiums are not currently tax-deductible, as the deduction expired at the end of 2021. Exceptions include rental properties, where premiums are deductible as a business expense on Schedule E, and the deduction’s return in 2026, allowing qualifying homeowners to claim it on their 2026 returns filed in 2027, subject to income limits.