Originally Posted by Cloud9
Is this the same as donating my timeshare? I was told I would get a decent tax write off if I donate it?
Our Timeshare Take-Over
program is different than timeshare donation, but the end result is the same. This program is designed specifically for a timeshare that has no cash value whatsoever. From what I understand most of the timeshare donation outlets take only timeshares that can be easily sold, so that they can contribute the resale proceeds to their affiliated charitable organization.
Also, when donation a timeshare you can only write-off the Fair Market Value
of the timeshare, which if faced with the donation/Take-Over option is likely very little or zero.