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I had asked this question recently but didn't get a response, I have a time-share, there is a annual payment, how do I deduct this payment?

I have taking a deduction on this payment for sometime.
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I had asked this question recently but didn't get a response, I have a time-share, there is a annual payment, how do I deduct this payment?

If this is an annual maintenance fee, it's not deductible, unless you are renting the time share and reporting rental income. in which case it may be a rental expense.  As your personal residence, the fee is not deductible unless it includes mortgage interest for your purchase of the time share.

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I had asked this question recently but didn't get a response, I have a time-share, there is a annual payment, how do I deduct this payment?

If this is an annual maintenance fee, it's not deductible, unless you are renting the time share and reporting rental income. in which case it may be a rental expense.  As your personal residence, the fee is not deductible unless it includes mortgage interest for your purchase of the time share.

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