Timeshare

We sold our timeshare this in 2019. We sold at a loss. We received a 1099 for the final sale amount. How do we claim our loss?

posted

Connect with an expert

2 Replies

Losses from the sale of a personal use timeshare are deemed to be personal losses and are not deductible at all.

Thanks!

Still have questions?

Questions are answered within a few hours on average.

*Must create login to post

Unlock tailored help options in your account.