Anonymous
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I paid $4,000 to timeshare exit team to get out of our timeshare legally. Can I deduct this?
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June 6, 2019
9:56 AM
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Deductions & credits
If you rented the timeshare as a business, you can deduct this expense as a loss on your investment.
If your timeshare was for personal use only, you cannot deduct costs associated with exiting a timeshare.
June 6, 2019
9:56 AM