Original Message:
On a "timeshare deedback" can I claim any type of loss on my taxes? (by Sharon K.):
I bought a split timeshare(s) a few years back and have since been unable to use them. I have had it listed for sell for two years without even a nibble. Today I recieved a call and the timeshare resort is offering to take back or deedback one of the timeshares. If I decide to take the offer and give back my $8000 my big question is... On a "timeshare deedback" can I claim any type of loss on my taxes?