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Tax break for FL timeshares.

Cyberc

Cyberc

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For those who only read the HGVC forum I have just posted this information about a proposed tax break for FL timeshares.

tugbbs.com

Proposed tax break for FL timeshare

Just read some interesting news in the Orlando sentinel. Basically the current legislation states that when there is an inadequate number of resale for a specific timeshare property to determine fair market value then the value is set to 50% of the original developer value. The tax in then...
tugbbs.com tugbbs.com

Sorry about the cross posting but since many here owns a TS in FL the information could be useful.
 
SandyPGravel

SandyPGravel

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Except owners won't see a reduction because the developers will increase the MF accordingly. Just because they can. :confused:
 
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