Mortgage Insurance Premium Deduction Returns with One Big Beautiful Bill

Texas Border Business Texas Border Business The “One Big Beautiful Bill Act” (OBBBA), officially Public Law 119‑21, was signed into law on July 4, 2025. Among various tax changes, it restores the deduction for mortgage insurance premiums—beginning in tax year 2026 and continuing under permanent treatment within the tax code. Under this provision, homeowners can … Continue reading Mortgage Insurance Premium Deduction Returns with One Big Beautiful Bill