Hi,

I've read a few threads here that talk about whether timeshares are real estate investments or property, etc. What I want to know though is how they stand on a tax perspective.

Can they be claimed as mortgage deductions? Or are you taxed for them? How do the details of tax law regarding timeshares, work? And what about renting - do you pay taxes on that? (since you probably can't claim it in any way as an expense of course).

Thanks for any clarification! This may help me decide whether buying or renting is the best option.

rambutan