問題 Can you deduct mortgage insurance premiums on rental property? 答案 In general, you can deduct mortgage insurance premiums in the year paid. However, if you prepay the premiums for more than one year in advance, for each year of coverage you can deduct only the part of the premium payment that will apply to that year. Report the deduction on line 9 of Schedule E (Form 1040), Supplemental Income and Loss. 額外的訊息 Is my residential rental income taxable and/or are my expenses deductible? Publication 527, Residential Rental Property (Including Rental of Vacation Homes) 類別 Sale or trade of business, depreciation, rentals 子類別 Rental expenses