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  • A few of the most common links here on the forums for newbies and guests!

taxes

  1. cindylou

    Seeking advice on renting out WKORV - unit size/combos, taxes in ads

    We find ourselves needing to rent out multiple prime weeks at WKORV in 2022 (preferably for top dollar) and are seeking past experiences from others regarding: 1) Ads. Do you put ads out as 2 bedroom units, or 1 BR and studio, or all 3 unit types? I'd rather not spend $45 for each Redweek ad x...
  2. M

    Rental Income Tax from Aruba Timeshares???

    Hello, tried to look everywhere and there is no good information on tax implications of renting timeshares in Aruba. I own several timeshares at both Marriott Aruba Ocean Club and Surf Club and I know there are many people renting their Aruba Timeshare through TUG marketplace, Redweek or any...
  3. booklvr

    PLEASE! I REALLY need help from Canadians who sold their USA timeshare!

    We're in the process of selling our Marriott Newport Coast Villas timeshare. We purchased it as a resale 3 years ago for $4,500. We're selling it now for $4000, at a slight loss of $500. I'm so confused and surprised by the the withholding tax. I had no idea about this until we got the papers...
  4. E

    How do I print a loan statement?

    I see my loan balance information on the website under Your Loan Information/Loan Summary, but how do I print it out as a statement?
  5. D

    Calculating depreciation for rental income deduction

    Hi, I'm fairly new to TUG, so hopefully I'm not repeating another thread. We recently rented our timeshare and know we'll owe income tax on the profit. I read Dave McClintock's article 'Income Taxes and Timeshares Rental Income and Losses', which was very helpful. We've owned the timeshare for...
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