can i de-duct any portion of my annual maintenance fee for a time share,or any other de-ductions,ect on a loan to purchase time shares
I've already tried...
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Although you are unable to deduct the maintenance fee's and loan fee's on the purchase of a time-share, you are able to deduct the Real Estate Property Taxes that you have paid on the time-share for each year that you have paid the taxes for the time-share.
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Their are limited deductions to timeshare properties. The only way to benefit from a timeshare is to treat it as a rental property and make sure you keep track of the rental transactions
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