Asked by Robin, California • Fri Jan 30, 2009
I closed my home loan on 10/23/06 premium mortagae insurance was a condition of closing----did the IRS provide a grandfather I can not discontinue my premium mortgage insurance because of the market value/devalue??? I want to deduct my PMI from 1040 but it appears that I am limited to loan closings in 2007??? Is their a grandfather period????
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