Can any part of a timeshare membership be used when filing income taxes?

Posted by admin
pearlmckinney asked:


I recently bought a timeshare membership in the Bahamas, I was told that the interest can be written off as a second home expense. I bought 2 weeks, is this true?

Yolanda
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    • This entry was posted on Saturday, May 30th, 2009 at 12:04 pm and is filed under rentals. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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    No Responses to “Can any part of a timeshare membership be used when filing income taxes?”

    1. Lilly W Says:
      May 30th, 2009 at 12:21 pm

      Ask Uncle Sam.

    2. Your #1 fan Says:
      June 2nd, 2009 at 1:53 pm

      The property outright not just piece of it.