If you deduct the cost of your hot tub on your tax return and in the next year obtain reimbursement from an insurance company, you would then have to declare that reimbursement as income on your next year's tax return.
Private mortgage insurance (PMI) is an insurance policy that protects lenders from the risk of default and foreclosure, and ... Understanding Private Mortgage Insurance. Private mortgage insurance, or PMI, protects lenders against loss if a borrower defaults.
Positive Material Identification (PMI) is one of the more specialised non destructive testing methods. With positive material identification the alloy composition of materials can be determined. If a material certificate is missing or it is not clear what the composition of a material is, then PMI offers the solution. Because specifications for materials used in industry are increasingly more specific, the need for PMI