Are Timeshares Tax Deductible?
Only under the rarest of circumstances would the IRS allow any form of deduction on a timeshare purchase or interest expense.
Did you know, annual maintenance fees on a vacation timeshare –
which can range from $500 to several thousand dollars every year will never be seen as tax deductible, just as you couldn’t claim a deduction on general maintenance or repair on your primary home.
Timeshare Fees Too Much?
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Timeshare Tax Related
The Finn Law Group has regularly achieved practical results, in a timely manner, against companies who use unfair and deceptive trade practices against consumers.
Real Attorneys, Not
Feeling trapped and overwhelmed by your timeshare obligation? Consulting with a timeshare attorney may be the most viable option for permanent, lasting relief. Don’t fall for scams. Finn Law Group specializes in timeshare law.
Michael D. Finn, Founder
Michael D. Finn is the founder of Finn Law Group and has been a practicing attorney for over 48 years, working on behalf of consumers with real estate, timeshare and fractional ownership issues.
Why Hire An Attorney?
When a consumer signs on the dotted line with a developer, they enter into an agreement that is legally binding. It’s a legal question, a legal issue – and so you’ll need a lawyer when it comes time to dispute, exit, or nullify that legal contract after the rescission period has ended.
“Purchased an orlando timeshare and after many unhappy vacations with swapping my weeks for other vacation places I finally had had enought I offered my timeshare back to the resort got a big no we do not take them back I hired Finn law group and they got the resort to take that piece of garbage back Great firm did exactly as promised.”
“We were talked into buying a timeshare while in Orlando. When we got out of the timeshare sales office and started checking into the details, it was clear we were misled…