Sold last timeshare for cash!!

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Original Message:

Sold last timeshare for cash!! (by Phil L.):

As I have posted before here and Tug we sold our Lake Tahoe timeshares 2010,2012 and last one in 2013. We sold to a family that contacted us during their stay in our building and had read some of my postings about selling other two units. With our daughter married and living in Texas we wanted to down size and spend more of our time visiting them and not going to our timeshares as much. They contacted us on the PM Tug site because of my postings helping others about our resort and made us a offer on our eoy unit. Since they lived within sixty miles of us after all paper work finished with help from our resort he met and gave us $1500 in cash.

Since we sold for less than paid do we need to still enter this on our tax forms this year? We did list other two times but the buyers paid by check.

PHILL12