Report Abuse

Re: Diamond Resorts raises maintenance fees again!

[Q=maryannh62] I'm curious if when you walked away, I assume not pay fee and let them foreclose if they did that. Did you write the 57K loss off your income taxes? I did that when a REIT went belly up but the company was defunk, not us walk away.[/Q] No, we just walk away... I do not know if it was possible to write it off our taxes... But the troubles with DRI began immediately when we first tried to use our points at the Point at Poipu, we were not able to get into the resort and had to rent a near by condo for the month, after paying 55,000 for the membership... My opinion is that their business model which is undisclosed to any prospect in the sales process is of a fraudulent intent... Like I have said they are selling air...