What portion of Boardwalk dues are for property taxes?

[DisneyFive]

Just curious how much of the ~$8 dues for Boardwalk is for property taxes, say in 2021. If I were to purchase DVC, I'm just trying to estimate how much federal tax I may save when itemizing that deduction. Thanks!

Thanks,
Dan

 

[CarolMN]

For 2022, BWV property taxes were estimated to be 1.5932 per point.

You might find this article from DVC News helpful:
https://dvcnews.com/96-static-content/content/5214-2022-annual-dues-budgets-for-all-resorts

 

[thegash35]

Not a large enough number to make a significant difference in your tax return. A few hundred dollars.

The tax laws that passed a few years ago have made it much harder to itemize. I've had to take the standard deduction ever since.

 

[DisneyFive]

Thank you both.

Even with the recent tax law changes I'm still able to itemize so every little bit helps. You're right thegash35, it's not much though. I'm not looking to purchase a big contract <200 points, so the tax savings aren't much.

Dan

 

[wnielsen1]

Not only do you have to itemize, but if you are already at the $10k cap on the state & local + real estate taxes line, it provides zero additional benefit.

 

[DisneyFive]

Not only do you have to itemize, but if you are already at the $10k cap on the state & local + real estate taxes line, it provides zero additional benefit.

Oh yeah, forgot about that little gem. Yes, it doesn't help me at all then. That $10k is already maxed out and I don't see that ever changing in the future to us.

Dan