We purchased a timeshare in 2021 and didn't use it for personal use. My understanding is that we can treat the timeshare as either a second home or investment property?

[Vanessa A]

Yes, a time share can be considered a second home, however, unless you are paying interest on a loan for the time share you will not get a deduction for the fees paid. 

When you sell the timeshare, that is when you would enter it as sale of home or investment property depending on how you treated it. 

[lawre2000]

Thanks!  If I classify as a real estate investment, I should be able to deduct any maintenance fees in the current year though, correct?