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riodeeg1
New Member

Can I write off my Disney Vacation club dues or loan interest?

 
6 Replies
VolvoGirl
Level 15

Can I write off my Disney Vacation club dues or loan interest?

No.

xmasbaby0
Level 15

Can I write off my Disney Vacation club dues or loan interest?

Sorry,  there is not a vacation deduction anywhere.  And you cannot deduct loan interest except for mortgage interest.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
WolfieGirl
New Member

Can I write off my Disney Vacation club dues or loan interest?

Yes you can. A DVC Membership is considered property ownership. You're property taxes will be listed on your annual dues document. And if you have a loan, you'll receive a 1098 doc showing the mortgage interest you paid for the year. I've been a DVC member since 2001 and all accountants I've used have confirmed this.

DianeW777
Employee Tax Expert

Can I write off my Disney Vacation club dues or loan interest?

Perhaps! In some cases you are allowed to deduct the interest as mortgage interest if this is a timeshare and deduct real estate taxes.  More information can be reviewed for your specific situation by selecting the link below.

@riodeeg1

sdlarcher
New Member

Can I write off my Disney Vacation club dues or loan interest?

Can you write off the annual dues and operating expenses paid each month?  If so, where?

PattiF
Employee Tax Expert

Can I write off my Disney Vacation club dues or loan interest?

No, you cannot write off the annual dues and operating expenses that are paid each month. 

 

If this is a timeshare, then mortgage interest could be deducted

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