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I sold a time share at a lost,how do I list that on my return?
I sold my timeshare at a lost,how do I report ?
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I sold a time share at a lost,how do I list that on my return?
Unfortunately, a loss on the sale of a timeshare is not deductible, and doesn't need to be reported.
Timeshares are considered personal property, much like your house or car. When the sale of personal property results in a loss, that loss isn't deductible.
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I sold a time share at a lost,how do I list that on my return?
Unfortunately, a loss on the sale of a timeshare is not deductible, and doesn't need to be reported.
Timeshares are considered personal property, much like your house or car. When the sale of personal property results in a loss, that loss isn't deductible.
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