BWV Dreamin DIS Veteran Joined Mar 10, 2007 Messages 9,815 Feb 15, 2008 #1 I was wondering if timeshares qualify for 1031 exchanges?
C crisi DIS Legend Joined Feb 25, 2002 Messages 27,251 Feb 15, 2008 #2 There isn't an exception, but in the words of my tax professor, you might as well hang a big sign off you that says "PLEASE AUDIT ME."
There isn't an exception, but in the words of my tax professor, you might as well hang a big sign off you that says "PLEASE AUDIT ME."
S SSRFred DIS Veteran Joined Dec 19, 2007 Messages 740 Feb 15, 2008 #3 Generally, timeshares yes. I would say DVC no. The POS prohibits DVC for commercial use only, which is a requirement for a 1031.
Generally, timeshares yes. I would say DVC no. The POS prohibits DVC for commercial use only, which is a requirement for a 1031.
BWV Dreamin DIS Veteran Joined Mar 10, 2007 Messages 9,815 Feb 15, 2008 #4 crisi said: There isn't an exception, but in the words of my tax professor, you might as well hang a big sign off you that says "PLEASE AUDIT ME." Click to expand... I guess I have my answer!
crisi said: There isn't an exception, but in the words of my tax professor, you might as well hang a big sign off you that says "PLEASE AUDIT ME." Click to expand... I guess I have my answer!