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Re: Re: TRYING TO GET OUT OF MEXICO TIMESHARE (by Lance C.):
irenep59 wrote:And Donate For a Cause got in trouble for accepting timeshares allowing an income tax deduction for timeshares worth nothing.
I realize that I might be splitting hairs here but, from my understanding, DFC did not get in trouble for allowing a deduction. DFC does not have the power to allow deductions, only the IRS does. DFC got in trouble for issuing formal appraisals to donors --- appraisals with unrealistic, inflated values as well as advertising and touting that donors could get significant tax deductions for "donating" low-value timeshares.