Sale of our timeshare (sch D)? Is this the proper sch to report on whether there is profit or a loos?

posted

yes

You will treat this as the sale of a capital asset. (However, Losses from the sale of a personal use timeshare are deemed to be personal losses and are not deductible)

see this thread for guidance

https://ttlc.intuit.com/community/tax-credits-deductions/discussion/entering-sale-of-timeshare/00/41...

Sale of our timeshare (sch D)? Is this the proper sch to report on whether there is profit or a loos?

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