Solved: Is interest on a signature loan to pay on a timeshare tax deductible?

Is interest on a signature loan to pay on a timeshare tax deductible?

posted

No. You can only deduct interest on a timeshare if it is deeded and recorded in public records and the mortgage is recorded and secured by the financed property.

View solution in original post

No. You can only deduct interest on a timeshare if it is deeded and recorded in public records and the mortgage is recorded and secured by the financed property.