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rene
Level 1

NYC Timeshare as Permanent Living Quarters for NY State Income Tax?

My husband and I bought into a Hilton timeshare in NYC in Nov 2024. We are told we are owners in a specific property, own shares, pay a proportioned maintenance fee, have voting rights to elect board members, receive board reports etc.  But our "ownership points" entitle us to a max stay of maybe 7-14 days in a year.  Have we "...maintained any living quarters in NYC in 2024?" to quote the Turbo Tax question.

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AmyC
Expert Alumni

NYC Timeshare as Permanent Living Quarters for NY State Income Tax?

You do not maintain living quarters there for over 6 months, like a resident would.

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1 Reply
AmyC
Expert Alumni

NYC Timeshare as Permanent Living Quarters for NY State Income Tax?

You do not maintain living quarters there for over 6 months, like a resident would.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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