HelenC12
Expert Alumni

Deductions & credits

Yes, if you use the time share for personal use, you can deduct real estate taxes on a time share (second home). 

  • Real estate taxes (also called "property taxes") for your main home, vacation home, or land are an allowable deduction if they're based on the assessed value of the property and the property is for your own personal use. 
  • To read the entire TurboTax FAQ, see Can I deduct property (real estate) taxes?
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"