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    #1

    timeshare disposal

    taxpayer paid a company 2500 to rid themselves of timeshare. Can the 2500 paid
    for disposal of the timeshare be a deduction?
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    #2
    In general timeshares are considered a personal asset, commission for sale of timeshare ownership and the purchase cost of the timeshare is a personal loss and no loss is allowed. The timeshare ownership is considered a personal asset.

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