I have a Wyndham timeshare loan (their "Access" contract type). I have a 1098 for the loan, can I deduct that on my taxes?

barbaraannskitch · ‎March 3, 2023

MayaD · ‎March 3, 2023

You can deduct interest on a timeshare if it is deeded and recorded in public records and it meets all the requirements for deducting mortgage interest.

You can claim Mortgage interest on a maximum of two homes (main home and a second home)

For more information please check: Can I deduct the mortgage interest on a timeshare?

To enter form 1098 form on your return:

Login to your account.
Select Federal from the left menu.
Go to Deductions and Credits.
Select Your Home and scroll down to Mortgage Interest, Refinancing and Insurance.

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I have a Wyndham timeshare loan (their "Access" contract type). I have a 1098 for the loan, can I deduct that on my taxes?

I have a Wyndham timeshare loan (their "Access" contract type). I have a 1098 for the loan, can I deduct that on my taxes?

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I have a Wyndham timeshare loan (their "Access" contract type). I have a 1098 for the loan, can I deduct that on my taxes?

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I have a Wyndham timeshare loan (their "Access" contract type). I have a 1098 for the loan, can I deduct that on my taxes?

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