HICV Has done it again

[Happytravels]

The Silverleaf Resorts was bought out, HICV purchased them I think in 2015. They took ALMOST ALL the benefits away for owning two weeks (Diamond Status) So with that we deeded one back free of charge at the time. They currently charge $1200.00 for deed backs. We kept the other for our Bonus Time program which was good but was getting very hard to justify their VERY HIGH mf’s. But then again HICV pulled a fast one on us. They closed the resort we were deeded (approx. 2020, we never went there so not sure when they actually closed it.) to but let us exchange internally for free within the silverleaf resort family. After about 5 years, we finally got a notice they were going to sell the property and some of the other Silverleaf properties. They called it RIGHTSIZING. They wanted us to change our deed to another property that is still open and running. We received the paperwork for this and what they told us on the phone as not what was in the contract. If we didn’t reassign to another deed, we were let out of our contract and no more OBLIGATIONS. (So, we didn’t have to PAY for them to take it back)

FAST FORWARD JAN. 2025 HICV pulled another fast one.
Please help or make me understand. They have sent us a 1099S form for taxes. It's in the amount of $753.xx . We never received ANY MONEY from this company and do not understand how they can send us this 1099S that we have to claim as income.

Can ANYONE EXPLAIN this to me. I know we are not the only ones that go it. Some actually did get checks, but we didn't.

 

[dioxide45]

Did you opt to change to a different property?

 

[Happytravels]

Did you opt to change to a different property?

No we did not. The paperwork did not match what they told us over the phone.