Donating my timeshare

Ive seen a discussion about a charity that will take a TS over into their name, but cant find anyone that has actually done it and posted results. Really dont want to rehash the argument whether its a moral issue or not, just want to know if Community Health Training is a viable alternative. Im like a lot of people, balancing the timeshare industy's time worn business model against me no longer being able to afford supporting it. Anyone out there?

garym480 wrote:

Ive seen a discussion about a charity that will take a TS over into their name, but cant find anyone that has actually done it and posted results. Really dont want to rehash the argument whether its a moral issue or not, just want to know if Community Health Training is a viable alternative. Im like a lot of people, balancing the timeshare industy's time worn business model against me no longer being able to afford supporting it. Anyone out there?

Another shill or either DRK. Speaking of moral issues, I question the morals of anyone like DRK and his bogus operation. He outright states that he doesn't give a damn about other owners taking up the slack for deadbeats that don't pay their maintenance fees .... all he wants is you to PAY him $500 and another $400 or so for closing .... there is no closing. It's all a scam.

Im hoping to avoid arguments, comments and advice that was made in previous posts. The only thing missing from them was actual information on how their process worked for someone that used it, other then from DRK. Thats all.

Again, is there anyone that has pertinent information that can elevate the debate?

garym480 wrote:

Im hoping to avoid arguments, comments and advice that was made in previous posts. The only thing missing from them was actual information on how their process worked for someone that used it, other then from DRK. Thats all.

Again, is there anyone that has pertinent information that can elevate the debate?

SHILL ALERT .... what you're trying to do is advertise this bogus scam charity on Redweek .... DRK has already been banned from Redweek's forums for advertising his scam in the forums, but shills or DRK himself keeps coming back with other screen names trying to restart the advertisement.

I wonder why DRK and his shills don't go to TUG's forums and try to advertise his scam charity ..... it's because they would be banned in a NY minute and they know it.

The scam charity has a website .... contact them for any information you desire.

I spoke to a CPA about this. He Said that as long as this is a charitable org., or a non profit, you can deduct it. You need an appraisal to be done from the original sellers, perhaps. next step is to find a group that will L take if off your hands...

lucyd21 wrote:

I spoke to a CPA about this. He Said that as long as this is a charitable org., or a non profit, you can deduct it. You need an appraisal to be done from the original sellers, perhaps. next step is to find a group that will L take if off your hands...

If someone gives their timeshare to a charity the only deduction would be zero as the timeshare has zero value.

lucyd21 wrote:

You need an appraisal to be done from the original sellers, perhaps..

No, the appraisal must be done by an IRS-certified appraiser if you're donating a non-cash item and trying to claim over $5000.

But, since you had to pay a charity to take it off your hands, what do you think the market value will be?

Another thought on eliminating your unwanted time-share. with my previous resort, all that was needed was a notarized letter to this effect, along with a $100 check for the transfer. You need to provide the name and address of person that it will be transferred to. So, if you find an interested person, no need to pay anymore than that amount. some companies advertise that they can do this for several thousand dollars!

Anyone who wants to risk taking a deduction for something that is totally worthless will pay a huge price above and beyond spending a lot of sleepless nights worrying about it.

I donated my timeshare to CHT. The closing agent was in Montana. Everything was handled very profesionally and I am waiting for IRS to accept my donation. This was after some very poor attempts at selling my unit.

eleanord20 wrote:

I donated my timeshare to CHT. The closing agent was in Montana. Everything was handled very profesionally and I am waiting for IRS to accept my donation. This was after some very poor attempts at selling my unit.

Don't hold your breath waiting for the IRS since it's fair market value that counts when supposedly donating a timeshare .... if you donated it then it has zero market value no matter what CHT may have told you.

BTW, are you aware that CHT is not even listed as a charity at Charity Navigator yet they advertise themselves as a charity = fraud, plain and simple? The IRS will audit you and come after you many years later including penalties and interest.

eleanord20 wrote:

I donated my timeshare to CHT. The closing agent was in Montana. Everything was handled very profesionally and I am waiting for IRS to accept my donation. This was after some very poor attempts at selling my unit.

Good to see you using the IRS to determine charity status instead of some other website. After all, they are the agency you file you taxes with. Smart. Theres > 820000 "tax-exempt organizations that are eligible to receive tax-deductible contributions" of which CHT is one of them. Not hard to find and working with the IRS to determine deductions is also something most people dont know is available. Im into day 13 after sending my paperwork in. Hope mine goes as well as yours seem to have gone.

garym480 wrote:

Good to see you using the IRS to determine charity status instead of some other website.

Why would I need to check other websites .... CHT is NOT listed as a charity at Charity Navigator, period.

Even though you haven't even gone through their process, you're way over the top defending them .... YOU are a shill ..... it's written all over your posts.

The IRS WILL catch up with you eventually including penalties and interest.

Anyone expecting a large right off for donating something that is worthless deserves to to be audited and pay huge penalties and interest. The rule is a simple one. You can only deduct the actual value that the timeshare sold for not one penny more. If it didn't sell that there is no deduction. Just unloading your timeshare should make you happy. Getting greedy will cost you dearly.

donp196 wrote:

Anyone expecting a large right off for donating something that is worthless deserves to to be audited and pay huge penalties and interest. The rule is a simple one. You can only deduct the actual value that the timeshare sold for not one penny more. If it didn't sell that there is no deduction. Just unloading your timeshare should make you happy. Getting greedy will cost you dearly.

I dont agree 100% with everything you said but you did at least separate the issues and made the correct points. Finally, someone that sticks to the facts! I do agree that anyone not abiding by IRS code, as law, deserves consequences. After all, someone not paying their taxes just means the government will raise it on the rest of us (Where have I heard this argument before? but more on that later.) The only thing I think isn’t relevant is “If it didn't sell that there is no deduction.” Probably true but not what CHTs program is about, so a moot point. But that’s another discussion all together and has been discussed ad-nauseum in Redweek.

But what truly is amazing is the assertion that CHT isn’t a charity. I didn’t want to bite but curiosity gave way to discretion and I went on Charity Navigator. They clearly state that if you don’t find the charity you’re looking for: “It simply means that our program team hasn't been able to analyze them yet……” They go on to say theres over 1 million charities in the US and theres many more to do. But prior to finding this ridiculously low hanging fruit, it took me less the 30 seconds to find, (drum roll please) “Community Health Training” via their form 990 Finder. This takes you to the Foundation Center which “is the leading source of information about philanthropy worldwide”. Sounds like it even beats Charity Navigator that been so often quoted here lately as the definitive source. CN then goes on to say that if the 990 Finder doesn’t do it, what should you do (another drum roll) “If you were unable to find an organization through the 990 Finder, then you should visit the IRS website to confirm that the group is an actual 501 (c ) (3) public charity.” TA-DAAA!! Which my point has been all along. If you want to know if an organization is a charity, GO TO THE IRS! They are not only THE definitive adjudicator, but they will help along the way to tell you if what you’re going to (or not) deduct, is legal by US statutes. They don’t want to cause trouble for you any more then you want it.

garym480 wrote:

donp196 wrote:

Anyone expecting a large right off for donating something that is worthless deserves to to be audited and pay huge penalties and interest. The rule is a simple one. You can only deduct the actual value that the timeshare sold for not one penny more. If it didn't sell that there is no deduction. Just unloading your timeshare should make you happy. Getting greedy will cost you dearly.

I dont agree 100% with everything you said but you did at least separate the issues and made the correct points. Finally, someone that sticks to the facts! I do agree that anyone not abiding by IRS code, as law, deserves consequences. After all, someone not paying their taxes just means the government will raise it on the rest of us (Where have I heard this argument before? but more on that later.) The only thing I think isn’t relevant is “If it didn't sell that there is no deduction.” Probably true but not what CHTs program is about, so a moot point. But that’s another discussion all together and has been discussed ad-nauseum in Redweek.

But what truly is amazing is the assertion that CHT isn’t a charity. I didn’t want to bite but curiosity gave way to discretion and I went on Charity Navigator. They clearly state that if you don’t find the charity you’re looking for: “It simply means that our program team hasn't been able to analyze them yet……” They go on to say theres over 1 million charities in the US and theres many more to do. But prior to finding this ridiculously low hanging fruit, it took me less the 30 seconds to find, (drum roll please) “Community Health Training” via their form 990 Finder. This takes you to the Foundation Center which “is the leading source of information about philanthropy worldwide”. Sounds like it even beats Charity Navigator that been so often quoted here lately as the definitive source. CN then goes on to say that if the 990 Finder doesn’t do it, what should you do (another drum roll) “If you were unable to find an organization through the 990 Finder, then you should visit the IRS website to confirm that the group is an actual 501 (c ) (3) public charity.” TA-DAAA!! Which my point has been all along. If you want to know if an organization is a charity, GO TO THE IRS! They are not only THE definitive adjudicator, but they will help along the way to tell you if what you’re going to (or not) deduct, is legal by US statutes. They don’t want to cause trouble for you any more then you want it.

I have to ask why you are so defensive (overboard) of CHT when you haven't even gone through their process .... again, you're a SHILL, plain and simple .... it's written all over your overly defensive posts.

Why don't you go to www.tugbbs.com and try to advertise your phoney charity via them, Mr. Rich. I think you tried once but Tug saw through your viking ship scam charity right off the bat.

jayjay wrote:

I have to ask why you are so defensive (overboard) of CHT when you haven't even gone through their process .... again, you're a SHILL, plain and simple .... it's written all over your overly defensive posts.

Why don't you go to www.tugbbs.com and try to advertise your phoney charity via them, Mr. Rich. I think you tried once but Tug saw through your viking ship scam charity right off the bat.

jayjay, gingin, katmandu, ms tarheel whatever your name is and whoever you represent, I just cant help myself pointing out how wrong youve been all along the way. You shouldnt be advising a 6 year old on eating a peanut butter sandwich much less owners on how to get out of a TS. Respectfully, in the unfortunate instance you were hit in the head with a brick, you'd deny that it hurt. Marty (Redweek staff) knows who I am and why Im here, he's told you directly and on this forum for all to see, that Im not a shill or Dr Rich. Being obnoxious (not my word) may be the only way you can get attention, but its rarely effective.

garym480 wrote:

jayjay wrote:

I have to ask why you are so defensive (overboard) of CHT when you haven't even gone through their process .... again, you're a SHILL, plain and simple .... it's written all over your overly defensive posts.

Why don't you go to www.tugbbs.com and try to advertise your phoney charity via them, Mr. Rich. I think you tried once but Tug saw through your viking ship scam charity right off the bat.

jayjay, gingin, katmandu, ms tarheel whatever your name is and whoever you represent, I just cant help myself pointing out how wrong youve been all along the way. You shouldnt be advising a 6 year old on eating a peanut butter sandwich much less owners on how to get out of a TS. Respectfully, in the unfortunate instance you were hit in the head with a brick, you'd deny that it hurt. Marty (Redweek staff) knows who I am and why Im here, he's told you directly and on this forum for all to see, that Im not a shill or Dr Rich. Being obnoxious (not my word) may be the only way you can get attention, but its rarely effective.

Believe me, I don't waste my time posting on Redweek to get ATTENTION (my life is very full) .... I come here to warn people of frauds like yours. You may not be Mr. Rich, but it's evident that you're in the same type fraud operation as he is.

One more time, it's morally and ethically wrong for people like you to take unwanted timeshares with no intention of ever paying maintenance fees, letting it go into foreclosure and holding the other resort owners responsible for YOUR fraud operation via foreclosures and non payment of maintenance fees.

And one more time, if Redweek condones this type of operation then I want no part of Redweek in the future.

Redweek, I'd like a reply from you one way or the other so that I can continue to help Redweek forum readers or stop wasting my time altogether as you seem to continue condoning garym's shill and advertising posts in your forums.

Like I've said many times, garym, why don't you try to post your advertisements on Tug's forums and see how far you get.

This thread is being closed. Any further postings on RedWeek forums about Community Health Training will be deleted.

Thank you for your cooperation.

Marty