raygo123
TUG Member
You received a IRS form with the real estate tax for your timeshare? Who is now claiming that?
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Remember when [TS Property Tax]
- Thread starter raygo123
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DeniseM
Moderator
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You can still claim the property tax on your timeshare, if it's itemized on your maintenance fees. See the Tax article, on the TUG Advice page, for all the details.
raygo123
TUG Member
Cwa?
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Sent from my Nexus 7 using Tapatalk
Since timeshare real estate taxes are generally reflected as a very specific line item on annual maintenance fee bills issued in those states which do not bill those taxes separately (...as Maine does, California too and a few other places), what's the issue / problem?
Very easily retrieved info, very easily claimed deduction.We certainly deduct all of our timeshare real estate taxes each and every year, but the fact is that it's not serious money anyhow, even for a collective 7 weeks.
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Nope. Club owns deeds, you own points.
SueDonJ
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We've never gotten a separate form, have always claimed the RE taxes as they're itemized in the annual Operating Budgets.
John Cummings
TUG Lifetime Member
I deduct the TS property tax when I can remember to do so. It is only $28 so it is easy to forget. The property tax is billed separately by San Diego County.