[Giving away] Vacation Village at Kissimmee FL

[mariruth234]

[removed] Has anyone ever donated their timeshare?

 

[TUGBrian]

timeshare donation for the purposes of disposing a worthless timeshare is an absolutely terrible idea for an owner, and there is no tax benefit to doing this.

http://www.tug2.net/timeshare_advice/can_I_donate_my_timeshare_and_get_a_tax_deduction.html

 

[DeniseM]

Rentals, and freebies are not permitted in this forum, so I have edited your post.

There is no Legitimate company that will accept a donation.

Here is how to give away your timeshare on TUG: http://www.tugbbs.com/forums/index.php?threads/bargain-deals-forum-rules.81877/

 

[theo]

There is no Legitimate company that will accept a donation.

True --- and why on earth would one ever do so? After all, a timeshare is a financial liability with inherent and guaranteed annual costs.
However one might try to spin it, something with absolutely no market value and with guaranteed annual costs attached ain't no "donation".

 

[mariruth234]

Well, whoever bought the timeshare to begin with is out a lot of money. So in that light it a gift "with strings"

 

[DeniseM]

Well, whoever bought the timeshare to begin with is out a lot of money. So in that light it a gift "with strings"

1) What you paid for it originally has zero impact on the resale price - or what someone will pay for it now.

2) It has no resale value, so if you add "strings" to it, you are unlikely to be able to unload it.

3) There can be no "strings" if you give it away on the Bargain Deals Forum.

 

[AwayWeGo]

[removed] Has anyone ever donated their timeshare?

As it happens, we gave away two -- 2 -- triennial 2BR points units at Vacation Village At Parkway.

We discovered that the maintenance fees are the same regardless of demand season or points value. So we gave away our dinky-points unit & bought a semi-dinky points unit. Then we bought a non-dinky points unit & gave away the semi-dinky points unit. (All were eBay triennial 2BR points units, all with the same maintenance fee amount.)

Eventually we sold the non-dinky points unit at a near-giveaway low price -- the very last of those sold via the TUG Bargain Giveaways section. A rules change right after that requires TUG Bargain Giveaways offerings to be el freebo. We collected a little something for ours (but not much). Plus, the new owner covered closing costs & resort transfer fee.

Only reason we sold off the non-dinky points unit is that we're downsizing -- bought replacement eBay 1BR triennial points unit out West (Grandview At Las Vegas), which generates approximately half the points for roughly half the maintenance fees.

Any further downsizing & we'll be completely out of timeshare ownership.

-- Alan Cole, McLean (Fairfax County), Virginia, USA.​

 

[mariruth234]

Thanks for your answer. the eBay you spoke of; was that the eBay.com?

 

[mariruth234]

Thanks for your answer. the eBay you spoke of; was that the eBay.com?

 

[AwayWeGo]

Thanks for your answer. the eBay you spoke of; was that the eBay.com?

www.eBay.com