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Are Timeshare taxed
We are owners/members of a timeshare. We pay an annual fee of $3,066.26 to cover management, resort staff, property maintenance, accounting and organizational fees. A required upgrade resulted in a the need to obtain a vacation ownership loan, we paid $364.16 interest in 2020. Can either of these be used for a tax break?
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March 13, 2021
5:33 PM