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flybama
New Member

I purchased a time share, what can I write off.

Where do I deduct the closing cost on turbo tax?

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IsabellaG
Expert Alumni

I purchased a time share, what can I write off.

If you purchased the time share for personal purposes, you may be able to deduct mortgage interest. You may also deduct property taxes paid, and closing costs that you paid for interest and property taxes


https://ttlc.intuit.com/replies/3301121

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1 Reply
IsabellaG
Expert Alumni

I purchased a time share, what can I write off.

If you purchased the time share for personal purposes, you may be able to deduct mortgage interest. You may also deduct property taxes paid, and closing costs that you paid for interest and property taxes


https://ttlc.intuit.com/replies/3301121

**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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