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Vacation Club Rental and Maintenance Deduction
I purchased Disney Vacation Club points in 2009, which entitle my family to a certain number of days per year in Disney timeshare accommodations. I rented 76% of my annual points for a January 2024 reservation that I received $1190 payment for in 2023 (as reflected in a 1099-MISC I received from the rental company). I have been told that the taxes and operating costs of my annual dues can be deducted from the rental income. How do I enter those deductions correctly in TurboTax Premier?
‎February 18, 2024
3:39 PM