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Tax break for seasonal site?
02-05-2011, 06:26 PM
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#1
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Member
Winnebago Owners Club
Join Date: Dec 2010
Posts: 32
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From 4/15 - 10/15 we pay a good chunk of change for a seasonal site for our 1985 Class C Minnie Winnie. My question: anyway this can be a tax write off???? 2nd home??? Any advice greatly appreciated! 
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02-05-2011, 06:41 PM
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#2
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Senior Member
Join Date: Nov 2008
Posts: 324
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Nope the IRS would consider this the same as renting an apartment or house, neither are deductible. You must OWN the property and pay taxes on it.
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02-05-2011, 07:27 PM
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#3
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Community Moderator
Join Date: Jan 2007
Location: Litchfield Park, Arizona
Posts: 5,167
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Ditto
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Rick, Nancy, Peanut & Lola our Westie Dogs & Bailey the Sheltie.
2007 Itasca Ellipse 40FD
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02-06-2011, 10:48 AM
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#4
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Senior Member
Winnebago Owners Club Texas Boomers Club Freightliner Owners Club
Join Date: Aug 2008
Location: Texas
Posts: 4,560
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So then a "time share" would qualify since you own it? So would Thousand Trails qualify, etc.?
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Wayne MSgt USMC (Ret)
2008 Destination 39W
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02-06-2011, 12:50 PM
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#5
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Senior Member
Workhorse Chassis Owner
Join Date: Jan 2002
Location: Pacific Northwest or SoCal
Posts: 1,293
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Quote:
Originally Posted by Wayne M
So then a "time share" would qualify since you own it? So would Thousand Trails qualify, etc.?
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Get them to issue a 1098 and you would be good to go.
fred
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Fred and Bonnie
2005 Dolphin LX 6375
Abby, Ruffles & Scarlett, "The Cats" 
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02-06-2011, 01:14 PM
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#6
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Senior Member
Join Date: Nov 2008
Posts: 324
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No, time shares do not normally qualify, you must own or be a part owner of the actual property. Your name must appear on the deed and mortgage if any. You also must pay a portion of the property taxes if any and mortgage interest to qualify for possible deductions. Every RV time share program I have seen is essentially a share purchase of a corporation that may or may not actually own any property. This does not qualify under IRS rules. If you think your time share may qualify you need to take your documentation to a TAX ATTORNEY.
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