Original Message:
Re: On a "timeshare deedback" can I claim any type of loss on my taxes? (by Tracey S.):
http://www.nolo.com/legal-encyclopedia/how-deduct-loss-on-timeshare-sale.html
"Personal Use Timeshares A timeshare is a personal use timeshare if you use it almost exclusively as a vacation getaway for yourself and your family, relatives, and friends, or you left it vacant or exchanged its use with other timeshare owners. Personal use timeshares can be rented to strangers, but for no more than 14 days per year. The majority of timeshares fall into this category. Losses from the sale of a personal use timeshare are deemed to be personal losses and are not deductible at all. End of story."
Per the article: If you used the TS as a rental property, you may be able to claim a loss. The definition of rental property is pretty specific and usually not applicable to most timeshares.