Women’s World Banking…microfinance empowering women

Women’s World Banking was established in 1979 to be a voice and change agent for poor women entrepreneurs. Our goal is to continue to build a network of strong financial institutions around the world and ensure that the rapidly changing field of microfinance focuses on women as clients, innovators and leaders. Read more

Online Resources for Women Investors!

Women Building Wealth has a list of websites, links and resources that we thought would be of value to you.

Please note that we make these links available as a convenience to our readers. We don’t control, and are not responsible for, the accuracy of information created and/or maintained by other websites.

If you have a site or additional resource that you would like to recommend, please email them to us here. Read more

Tax Tips for Rental Property

Owning rental property can be a profitable investment. There is, however, a big difference between your primary residence and rental property, especially at tax time.

Here are some deductions you can and cannot make on your rental property.

 

Deductions you can include:

Advertising in the newspaper for tenants and cost of signs

Cleaning supplies

Utilities

Real estate taxes

Mortgage and other interest paid for the rental property

Cost of insurance

Payments for such maintenance services as lawn care, pest control and trash colection

Cost of necessary transportation to and from the rental property

Cost of nevessary repairs (not imporvements)

Depreciation of the property (not including the land)

 

Deductions you cannot include:

Rental income lost due to vacancy

The cost of improvements which increase the value and/or extend the life of the property or modify it for a new use.

Contact your tax advisor for more information on how owning rental property will impact your personal tax return.

 

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