More ? For the DVC help again

[Skyw]

I really appreciate all of the responses that I have rec'd on previous threads. I have more questions that I hope you experts can help me with...

Do the points prices go up every year? In other works, if I decide to sell my membership 12 years from now, do I make money? Or come out even?

Also, what kind of tax right offs would i get for ownership?

thanks again

 

[vandy]

Do the points prices go up every year? In other works, if I decide to sell my membership 12 years from now, do I make money? Or come out even?

Yes, prices tend to go up, but not on a regular schedule such as once every year. For example, SSR was $101/pt but now it is $104/pt. Changes in price is most likely based on demand, the stage of sales in a particular resort and the start of sales for a new resort. There are also incentives from time to time, such as being run right now. They also vary and have their own time frame. My opinion is that new resorts means the price will increase by a few dollars per point mainly due to more years on the contract versus existing resorts.

Also, what kind of tax right offs would i get for ownership?

Always check with your tax professional, but generally speaking, you can deduct the real-estate tax portion of your annual dues (on the year-end statement) and if you financed through Disney or elsewhere, you can deduct the interest. This is also true if you use a home equity loan to purchase.

 

[dianeschlicht]

The selling price of your points will likely go up with the passage of time up to a point. At some point, as the contract becomes less than half of the original 50 years, I would expect it to level off in value or even decrease. We are kind of facint that now with our OKW contracts. We have 380 points at OKW in two different contracts. We also have a small AKV contract. We have discussed selling off one of our two OKW contracts in the next couple of years and repurchasing additional AKV points so that our DVC interest will retain resale value up to about 20 more years, when we are probably going to no longer be using it. At this point, I don't see our offspring wanting to pay the DVC maintenance fees, so when we no longer want to use it ourselves (I'm figuring by our early 80's), it might make sense to sell. It makes sense to be selling contracts that have a longer use and greater value because of the longer use period.