Marquis Villas Resort

Can any part of a timeshare membership be used when filing income taxes?

I recently bought a timeshare membership in the Bahamas, I was told that the interest can be written off as a second home expense. I bought 2 weeks, is this true?

Public Comments

  1. Ask Uncle Sam.
  2. No. A second home is considered more than 2 weeks. You actually have to own the property outright, not just a piece of it.
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