My timeshare is a big fat tax liability

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Original Message:

Re: My timeshare is a big fat tax liability (by Hugh R.):

I'm a timeshare cynic. You truly have to LOVE your timeshare for it to be of value. That's were it's different than owning real estate. Too many people get caught up in timeshares as an investment. Jayjay is right to say most timeshares are worth $1. That's not much of a write off.

This is why you have companies like Timeshare Relief cropping up that take timeshares off your hands for a fee. That fee may be deductible in the same way a business lunch is—a means to an end.

In short it will take a long time to liquidate your "liability" if the going rate on ebay is $1. My advice is either fall in love with your timeshare again or have a long-term outlook.