Which of the following statements is not true regarding the Mortgage Insurance Premiums Deduction? a) homebuyers...

Which of the following statements is not true regarding the Mortgage Insurance Premiums Deduction?

a) homebuyers who are unable to make at least a 20% down payment on the purchase price of their home are required to have private mortgage insurance (PMI).

b) the mortgage insurance tax deduction act of 2017 was passed by congress on January 3, 2017.

c) the mortgage insurance tax deduction expired December 31, 2016.

d) the pmi deduction applied to policies issued by the federal housing administration (FHA)

Expert Solution

the mortgage insurance tax deduction act of 2017 was passed by congress on January 3, 2017.

Option B is Correct

ekkarill92 answered 2 years ago

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