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Donate your Timeshare and receive a Tax Deduction!



 
 
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Old July 6th, 2007, 02:25 PM posted to rec.travel.marketplace
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Default Donate your Timeshare and receive a Tax Deduction!

Donate your Timeshare and receive a Tax Deduction!

Why donate your timeshare?

* No Cost to You
* Fast and Easy Process
* Get a Tax Write-off
* Save Money in Broker's Fees
* No More Maintenance fees, Taxes or Special Assessments

Why should you donate rather than sell?

There are literally thousands of timeshare owners eager to sell their
timeshare. Many have been roped into paying a listing company an
upfront fee of $400 to $700 to list their timeshares for sale.
Typically, a listing company representative is able to talk the seller
into the listing price by saying the timeshare has a resale value four
times the actual amount. Once the seller pays the listing fees, the
timeshare does not sell because of the incredibly inflated price. At
the end of the one-year listing contract, the agent calls the seller
and attempts to get them to re-list for another $400 to $700. In the
meantime the seller has not made arrangements to use the timeshare,
expecting it to sell. In addition to listing fees the seller has also
been paying maintenance fees and taxes on the property. Often times a
seller will spend $800 to $3,000 trying to sell a property that will
eventually sell for only $1,500 to $4,500.

This is why donating your timeshare is the perfect solution for these
sellers. Donors can get rid of their property in a matter of weeks at
no cost to themselves while getting a tax write-off. By donating,
timeshare owners capitalize on their profits while also assisting
charitable organizations.

How does it work?

Simply fill out our on-line submission form telling us about the
timeshare you wish to donate and which domestic charitable
organization you wish to donate the timeshare to, and we will do all
the work. Once we receive your submission form we will assess the
property and determine if it has sufficient market value. You will
hear from us within two to three business days. Properties that have
mortgages, liens, loans, or outstanding maintenance fees that the
owner is unwilling to pay off are not acceptable for donation.
Properties that are deemed acceptable are then sold, and the net
proceeds are given to charity.

We can help you donate your timeshare whether it's managed by
Marriott, Bluegreen, Westgate, Worldmark, Sunterra, Trendwest,
Fairfield or any other timeshare management company. Our Timeshare
donations program is an excellent opportunity to remove the burden of
maintenance fees, taxes, and sales fees associated with selling your
timeshare on the open market. Also, you will feel great about
assisting a non-profit organization.

Click Here For More Information or
to Start Your Donation Now! ... http://donateforacause.org/timeshare...n/charity/tch/


Contact Us

By Mail:
The Children's Home
243 Pine St
Mt Holly NJ 08060

By Internet and E-mail:
... http://www.childrens-home.org

By Telephone:
1-877-TLC-KIDS
(in NJ 609-267-1550)

By Fax:
609-261-5672

 




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