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jaaks6
Returning Member

Where do i post the property tax/ maintenence fees for my deeded times share on my taxes? This is my first time with turbotax and can't figure it out.

It is a Wyndham Resort that was deeded to us in 2008

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IsabellaG
Expert Alumni

Where do i post the property tax/ maintenence fees for my deeded times share on my taxes? This is my first time with turbotax and can't figure it out.

You can deduct the property tax under Your Home, Property (Real Estate) Taxes. You can deduct interest paid on a loan to purchase the deeded timeshare as mortgage interest on a second home if the loan is secured by the property, but you can't deduct the maintenance fees.

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1 Reply
IsabellaG
Expert Alumni

Where do i post the property tax/ maintenence fees for my deeded times share on my taxes? This is my first time with turbotax and can't figure it out.

You can deduct the property tax under Your Home, Property (Real Estate) Taxes. You can deduct interest paid on a loan to purchase the deeded timeshare as mortgage interest on a second home if the loan is secured by the property, but you can't deduct the maintenance fees.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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