Timeshare Donation Tax Benefits - IRS Tax Deduction for Donated Property

Timeshare, like a Donation, provides you with a terrific way to enjoy what many consider a remarkable tax deduction. If your timeshare asset has unfortunately converted into a burden rather than a benefit, in your portfolio, now is the time to consider a donation to some non-denominational Church.

Donate Timeshare to Church or Charity

Timeshare donations make good sense for both individuals and corporate donors. Any equity that may be drawn from your timeshare donation allows us to continue to benefit the many charitable causes we support. Universal Life Church of Las Vegas, Nevada is here to direct you to definitely those that have the professional knowledge necessary to legally effect a timeshare donation.



That gift optimizes the advantages for you, the Church, and those that are in desperate need, served by and using your generosity.



What can a Timeshare Tax break do for You?



These rules may apply when the donated real property is owned in your own name, with your spouse or any other persons.



It is our understanding that you can deduct the entire fair market value from the donated property. Your charitable contribution deduction is limited to various percentages of the adjusted gross income. Excess contribution value might be carried forward for approximately five years.

Timeshare Tax Deduction

Fair Market price is most commonly determined by an independent appraisal. However, IRS Publication 526 (2010) states that no appraisal is necessary for property valued below $5000.00. An appraisal is required to claim more than $5000.00. Please check your particular method of deduction together with your tax professional.



Why Donate your Timeshare to Church or Charity?



If you fall into one of the categories below, maybe you’re best Donating your Timeshare to a Church.



•You haven’t used your timeshares inside a couple of years or more.



•You’ve tried to list your timeshare and also have found no audience.



•You’ve inherited the timeshare from the relative and don’t plan on using it.



•You’re simply moving on from the timesharing lifestyle.



Whatever your reasons may be, our hand picked Title Transfer Agencies, most known worldwide, transfer ownership of a large number of timeshares from all over the world, year after year, after year. They will facilitate the Transfer of your dwelling to Church Ownership as they have for countless others before you decide to.


Timeshare Donation Tax Benefits