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    #1

    Timeshare

    Client purchased time share in 2007.

    Do I need to report anywhere? Like taxes, ineterst etc.

    Thanks!
    Tags: None
    #2
    If your client itemizes his deductions, the property taxes paid are deductible. So is the mortgage interest unless he already deducts interest on two other homes.
    Roland Slugg
    "I do what I can."

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