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Looking for someone who could donate time in Paris to help a children's charity

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  • #16
    Just wondering...
    I donated an S-10 to Habitat (and have been bothered by them ever since). Because they were going to use it, I could claim full blue book value for the deduction. If they would have sold it, I could only claim the selling price as the deduction.

    So...if the charity rented the timeshare (again, just wondering) couldn't that be the deduction? Or, if they used it themself, couldn't the deduction be what the value would have been if it could have been rented?
    Don

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    • #17
      No. The only way there is any legal deduction for a timeshare is if you donate the OWNERSHIP to a registered charity. Donating a one-time usage (ie, a week or some other interval, but not the ownership of your interval or the permanent rights to your points if it is a points unit) does not qualify for a deduction, no matter how it is used.

      Fern

      Originally posted by vintner View Post
      Just wondering...
      I donated an S-10 to Habitat (and have been bothered by them ever since). Because they were going to use it, I could claim full blue book value for the deduction. If they would have sold it, I could only claim the selling price as the deduction.

      So...if the charity rented the timeshare (again, just wondering) couldn't that be the deduction? Or, if they used it themself, couldn't the deduction be what the value would have been if it could have been rented?
      Fern Modena
      To email me, click here
      No one can make you feel inferior without your permission--Eleanor Roosevelt

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      • #18
        Of course, you can *deduct* anything you want.

        What passes muster on an audit, however, is another thing entirely.

        -brian, who prefers to avoid grey areas when at all possible on his 1040.

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