Section 163(h)(3)(E) of the Internal Revenue Code, relating to mortgage insurance premiums treated as interest, shall not apply.

(Added by Stats. 2010, Ch. 14, Sec. 18. (SB 401) Effective January 1, 2011.)

Terms Used In California Revenue and Taxation Code 17225

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.