 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
Not particularly, at least not until you sell your timeshare, or unless you rent it out. You may be able to deduct mortgage interest, if it meets the requirememts for a second home - see: Publication 936 (2009), Home Mortgage Interest Deduction |
||||
| Question Tools | Search this Question |
Add your answer here.
Check out some similar questions!
I received a 1099 form from my timeshare. The FMV is more the and amount owed and it says I am responsible for the debt. Does this mean I need to report the difference of the 2 amounts as gain. (Even though I have no proof that the timeshare was actually sold and I did not receive any money from...
I own 2 timeshares, I've tried to sell them but no luck,how do I get rid of these without being sued or putting a lien against my home? Yearly association fees are killing me ! I'm not working.:eek:
We filed for chapter 13, and we included our timeshare on it. How would we know id there is any potential tax consequences associated with deed in lieu of foreclosure? Our lawyer send us a letter of warranty deed. Can you please help us and tell us where to find the answer to our concern. ...
My husband and I purchased a small timeshare in 10/2001 for $4000.00 and ran into some major financial problems after that. We were unable to pay and tried to sell it back as we were told we could do. They told us we could not sell it back at that time. It was turned over to a collection agency in...
How much can a timeshare company garnish from my pay if I am in default of my mortague and get sued
View more questions Search
|
