Timeshare owners wishing to do a timeshare donation to charity are calling MTS wondering about it. With the economy as it is today,
reselling a timeshare if getting next to impossible even with prices
close to zero. The answer to people looking to do a timeshare charity
donation technically is yes but…
Timeshare charity donation – The Facts
Most people look to donate their timeshares to charity to receive a tax deduction
While this reason is more than valid, you need to understand that in
order for you to receive a tax deduction, the charity needs to sell the timeshare for a profit in order to provide you with a tax receipt.
The problem relies in the fact that if you haven´t had success trying to get rid of your timeshare, a timeshare charity donation isn´t likely to happen since the organization most likely won´t be able to sell it either.
Conclusion
Doing a timeshare donation to charity is only a viable option if you are
truly charitable and have a timeshare with a real monetary value
(Marriot, Hyatt, Disney) to sell. You help the charity by giving them
the ability to sell it and keep whatever money they receive. Donating
your timeshare simply because of your inability to sell it is a bad
idea. Would you donate your car to your kids because you can’t sell even
if it will cost them more to use it than placing it in the junk yard?
Remember that to cancel a timeshare you don’t have to pay an upfront
fee. Mexican Timeshare Solutions works under a contingency basis and
only collect fee if the contract is fully cancelled, otherwise, no fee
is charged. Contact MTS for a free consultation and s full advice on your timeshare matter. It’s time for you to get away from that contract.
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