I have an interest in several time-share properties through the "WorldMark, The Club" timeshare plan; developer is Wyndham Resort Development Corporation. I am a "deeded owner" and have been advised, based on the portion of my maintenance fees used for property taxes, I can take 5% of my annual maintenance fees this year as a property tax deduction on my tax return. The company has provided their Tax ID number to me for this purpose; Tax ID: xxxxxxxxx. Want to be sure this is truly OK before adding it on my tax return specific to this set of circumstances.
