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    dxbarcia's Avatar
    dxbarcia Posts: 1, Reputation: 1
    New Member
     
    #1

    Mar 4, 2013, 04:07 PM
    Mortgage insurance premium
    It is possible to deduct home insurance premium if you don not have any mortgage
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Mar 4, 2013, 06:10 PM
    No, not if you live in the house.

    If you RENT the house, the house insurance premium IS deductible on Schedule E.

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