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Original Message:

Paying to get rid of timeshare (by R P.):

debrap111 wrote:
My sister and I iherited a timeshare from our father. We paid it off for $12,000. Maintenance fees kept going up and we could never seem to stay at our own place. This year, fees were going up again and we were told an accessment fee was going to be in place. We paid a company $2,400 to take the timeshare. We are now free of the timeshare. Can this be used as an investment loss on your taxes$

Did you get legitimate verification that the timeshare is actually out of your name?