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Why Donate Your Timeshare
Timeshare Donation Pros and
Cons
Half of you reading this page are wondering why someone would actually donate a timeshare. The other half is breathing a sigh of relief and wondering how they can donate a timeshare. When looking back on previous timeshare donors, we hear of only 1 negative side to donating timeshares. You will not be able to have the pleasure of using the same timeshare every year. To some, this is very important due to the friends they have made over the years, and the memories they have of the happy times they enjoyed there.
To others though, maintenance
fees and the headaches of trying
to rent or sell a timeshare
don't compare to a current
market value tax write off and
the ability to support charity.
Here are some of the main
benefits those who donate
timeshares enjoy:
- Current Market Value Tax
Deduction can be taken over a 5
year period.
- Social and public benefit. You
help our Community with a
timeshare donation!
- Help a Trusted Charity. You
get to choose who gets the
proceeds!
- Savings of the many yearly fees
associated with timeshare
ownership.
- Avoid the lengthy hassles of a
private and usually distressed
sale that generally garners much
less of a financial benefit to
the owner than donating.
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