Post reply

Re: Donate for a cause (by Virginia B.):

The IRS states you have to treat the timeshare market as a whole meaning the Fair Market Value is determined based off of not only what the developer is selling units for but what they are selling for on the resale market. Just because timeshares do not always sell for a lot on the resale market does not mean they are worthless. The developer is still selling units for tens of thousands of dollars. The only way to do an accurate analysis of the value of the property donated is to have an appraisal completed, by a certified appraiser, taking into consideration the ENTIRE market (developer and resale).

This link you have provided appears to be affiliated with a timeshare rescue company. Are you affiliated with this company? How much is charged to take over a timeshare? I have looked into many of these companies over the years and in most cases they are deeding ownerships into fake people's names and fake companies to remove owners from title. While the owner is left happy they no longer have a timeshare, what ends up happening is the remainder of the owners are hit with increased maintenance fees and assessments due to these "companies" defaulting on their accounts.