tax relief on timeshare maintenance

[ctlsleh]

Can you avail of tax relief against annual maintenance fees on a timeshare from your like you can offset maintenance on a rented property?

 

[mandelbrot]

Is the timeshare let by you to generate a source of rental income, or what do you use it for / do with it?

 

[ctlsleh]

I mainly use it myself but am considering subletting it.

 

[Branz]

The allowable portion will be split between personal use and subletting.
In addition, does the paperwork allow subletting? Most dont

 

[ctlsleh]

Ok, tha ks for the info.

 

[tiffanycox]

When you buy a timeshare, you have to make sure you understand all the terms and conditions established in the contract, like the obligation to pay timeshare annual maintenance fees. Learn more about timeshare maintenance fees and how to get rid of them. And one advise, beware of timeshare scams.