Timeshare Rental Income and Mainetenance Deduction

Forum|Forum|5 months ago
January 26, 2026
1 reply
61 views

I have a timeshare in Mexico. I rented out the lock-off (part of the unit) through a rental company for 7 days. They are sending me a1099-K (not sure if it will be for the full amount of the rental, or less what they charged to rent it). In either case, am I allowed to deduct the maintenance fee for the lock-off (if I can determine what that portion is of the total maintenance fee. I used the remainder of the unit for the same week.

RobertB4444

Level 15

Yes, you can deduct any relevant expenses that you had for the rental including any maintenance or management fees.

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kmatchulatAuthor

Level 2

Do I do thatball in the Rental portion of TurboTax?

AmyC

Level 15

Yes. You can use the sch E to claim that you rented out part of your unit and personally used part. You can then allocate expenses between the rented portion and the personal portion.

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