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Original Message:
Re: Getting rid of your timeshare (by Dr. K.):
jayjay wrote:12. Abuse of Charitable Organizations and DeductionsThe IRS continues to observe the misuse of tax-exempt organizations. Misuse includes arrangements to improperly shield income or assets from taxation, attempts by donors to maintain control over donated assets or income from donated property and overvaluation of contributed property. In addition, IRS examiners are seeing an upturn in instances where taxpayers try to disguise private tuition payments as contributions to charitable or religious organizations.
Finally, Jayjay found something from the IRS to quote. Unfortunately it has no application to this topic or his claims of fraud, scam, and deception he claims from Community Health Training, Inc., Donate For A Cause, or other charities that charge a fee to accept a timeshare. Also, jayjay, were you unable to read that the entire section applies, not to the charity, but to the donor? Or did you only read the title and not bother with the rest?
The IRS says it clearly. . . . misuse of (not by) tax-exempt organizations. 1. Misuse includes arrangements to improperly shield income or assets from taxation, 2. attempts by donors to maintain control over donated assets or income from donated property and 3. overvaluation of contributed property.
Of course, maybe jayjay thinks we are helping donors ". . . disguise private tuition payments as contributions. . ."
Jayjay, you are certainly welcome to report us to the IRS and tell us all your results. After all, once we've been thrown into prison we won't be able to report back. Until then, please try to find some relevant IRS documentation regarding your claims of fraud, scam and abuse.
As for HOAs deciding not to take back timeshares. If the timeshare has any value and they truly are working with the resort, why would it be in their better interest to hope to collect on due bills rather than to let the resort resell it for them at resort prices and split the profit. That would be a lot more money.
christine514 wrote:. . . and as I signed the transfer I also know that they immediately sold it on.
I, too, wonder why DFAC charge you any fee when their normal policy in reselling a timeshare is to not charge the donor any fee. I suspect they told you it was to cover their potential owner's maintenance fees for the next several years. I think others, along with me, would appreciate your checking with DFAC to find out if they actually did resell your timeshare. If they did, that's what I would consider exorbitant.