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Re: Getting rid of your timeshare (by G M.):

jayjay wrote:

Another lie stated on their webpage is that one can write $5000 off their income taxes without a timeshare appraisal .... do you think the IRS is so stupid that any timeshare donated would be appraised at $5000 when most can't even be given away = zero value.

Lies, lies, lies and more lies !!! Just another scam to separate you from your money.

BTW, any organization that says they'll take your timeshare then let it go into foreclosure after 3 years is NOT someone I would do business with .... I question your lack of integrity .... .... it's a scam, period.

Many of these type scammers never bother to transfer ownership out of the owner's name leaving them still responsible for all future fees related to the timeshare.

Well any charity can claim the same $5000 limit as its written in the tax code, not a lie. What you fail to point out is this. Buying a TS , as some would admit, is something only an idiot would do(like me), even someone with a lot of dinero(not like me). But the longer you own it, the smarter you get. So If someone where to try an take a $5k deduction on a TS, they deserve what they get and havent learned anything. But the title of this thread is "Getting rid of your timeshare". Not Getting rid of your timeshare and recooping the original cost". Please, try and stay focused.