Original Message:
Re: Trade your time share week for a tax deduction to the NISS Foundation - see www.NISSfoundation.org (by R P.):
kekouri wrote:Tony:It appears the TUG & Timeshare Today magazines tax contributer might have a disagreement with giving the week to charity and getting a tax deduction. (Unless something has changed).
David on TUG ( I see no dates of the article) noted this....use the link...then scan down to last paragraph under "Donating Your T/S to Charity"...
http://www.tug2.net/advice/TUG_Taxes_and_Timeshares.htm
DaveM's advice concerning donating the use of a week of timeshare to charity (last updated March 29, 2006):
"Another frequent question is, "Can I get a tax deduction if I donate the use of my week to a charity?" The answer is “No”. IRS regulations won’t allow a charitable deduction for the gift of a right to use property. Donate the use of a week because you are charitable, but you can't deduct any value associated with the use of the week."