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mary1784
New Member

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 ?

1 Best answer

Accepted Solutions
JohnW15
Intuit Alumni

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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1 Reply
JohnW15
Intuit Alumni

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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