Timeshare property taxes?

When owning a 1 week timeshare, do you pay property taxes separate from the maintenance fees or are they included in the maintenance fees? robertd338

robertd338 wrote:

When owning a 1 week timeshare, do you pay property taxes separate from the maintenance fees or are they included in the maintenance fees? robertd338

They have to be paid together. What the resort usually does is give you a break down on your bill as to where your dollars are going. Look carefully at your bill.

robertd338 wrote:

When owning a 1 week timeshare, do you pay property taxes separate from the maintenance fees or are they included in the maintenance fees? robertd338

It depends on the resort .... some taxes are billed with maintenance fees and some are billed separately.

Property taxes for most timeshare properties are included in the maintenance fees. Incidentally, some states like California bill them separately directly to the owner. Considering "after market timeshare prices are dropping," shouldn't we expect reductions in property tax assessed values leading to lower property taxes.

As an example, a Marriott's Ocean Watch after market ocean side timeshare week sold for $11,000+ a couple of years ago and is now being sold for less than $7,000 (current market value). Shouldn't we expect Marriott Vacation Club to challenge the assessed values, thus reducing property taxes? Of course, a reduction in property taxes should flow through to owners as a reduction in maintenance fees.

Let's get our local timeshare property Board of Director members to deliver this reduction in property taxes.

PS - I expect the current property tax assessed valuation for Ocean Watch on a per week basis is actually over $30,000. The drop then to current market would be very material.

Timeshare property taxes are usually included within maintenance fee bills, identified therein as a specific line item. However, there are several states in which any and all timeshare property taxes in that state are billed entirely separately from maintenance fee bills. California and Maine both come immediately to mind; there may be a few other states as well.

In addition to being billed separately in such instances, the timing of those property tax billings is also completely unrelated to the timing of any resort's maintenance fee bill issuance. Municipal entities bill out for real estate taxes on their own established schedule (often quarterly, sometimes annually) and those municipal entities do not know (or care) about any resort timeshare maintenance fee billing schedules.

Agree, property taxes are passed through to owners in the maintenance fees. However, the timeshare Board of Directors should ask management to ensure a proper and current assessed valuation which will likely result in a lowering of property taxes. Actual sales including secondary market sales are an appropriate means of valuation. Pursuit of this would likely result in lower property taxes which would lower maintenance fees for the owner.

Look at it this way - you can buy a Marriott's Ocean Watch ocean side unit for $7,000 right now. Should the assessed value for property tax purposes be $7,000 or some artificial historic value of say $40,000????

Perhaps, Marriott Vacation Club could comment on this as they do the accounting and management for the timeshare properties.

El impuesto sobre la propiedad aplica también a resort fuera de USA, por ejemplo México? y en su caso cual aplicaría.