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New Member
posted May 31, 2019 11:35:01 PM

Purchased ownership in a time share. how is that added to our tax filing

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1 Replies
Level 7
May 31, 2019 11:35:03 PM

For a timeshare, only mortgage interest and property taxes are deductible.

To be deductible the loan must be secured by the property.

Maintenance and other assessments are not deductible