Timeshare*donations

: For a tax deduction over $5,000, the IRS requires a qualified appraisal performed by a professional. You cannot simply use the original purchase price or an estimate from a website.

The timeshare exit industry is rife with "donation" scams. Be wary of organizations that: timeshare*donations

Claim that the donation is "100% tax-deductible" without explaining IRS limitations. : For a tax deduction over $5,000, the

: Once the deed is legally transferred, the donor is no longer responsible for annual fees or assessments. timeshare*donations