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If these timeshares are for personal use, the losses cannot be deducted.
If you were renting out your timeshares for profit, and depreciating your interests, you can claim a loss to the extent the net sale proceeds are less than your adjusted basis.
If these timeshares are for personal use, the losses cannot be deducted.
If you were renting out your timeshares for profit, and depreciating your interests, you can claim a loss to the extent the net sale proceeds are less than your adjusted basis.
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