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Sale and purchase of timeshare vacation ownership
We sold our Vistana vacation ownership (timeshare) and took all the money from that sale to buy into Marriott Vacation Ownership (timeshare) in the same transaction. We therefore received a 1009-S from Vistana . How do we report this to most effectively in Turbo Tax to minimize our tax burden? Also, what do we do about the Marriott purchase? Do we report it? We received a 1098 from Marriott for mortgage interest. Thanks.
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‎January 28, 2025
11:12 AM