Paying Home Insurance

We got our 3 year insurance bill. It costs about $500 more to finance the full premium into 3 annual payments- or we can pay in full and save those financing costs. We can manage the full payment, but is there any possible down side to paying in full? Does that mean I could only deduct insurance costs (for the rental portion) this year and not spread out over the 3 years? Any advice appreciated!

By yanks21 |