Article: Home Prices Fuel Push to Revive Mortgage Insurance Tax Break
A Law360 article by David van den Berg reports on legislative efforts to restore the federal tax deduction for mortgage insurance premiums. USMI President Lindsey Johnson was quoted as saying, “With [the] expiration [of the MI tax deduction], millions of hard-working, middle-class homeowners wouldn’t have access to this benefit that puts money back in the pockets of those who need it the most, at a time when inflation is raising the cost of virtually all goods and home price escalation continues.”
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