How do I Start Renting Part of my Timeshare?

[GrandCanyon Junior Member Find all posts View Profile Close GrandCanyon]

I am a new timeshare owner ... points. I want to begin selling points that I do not use, by making guest reservations. (1) How do I get started, I'm not interested in someone else doing it ... I want to do it myself; and (2) What do I need to consider in regard to taxes.

Most online sources I've seen involving taxes indicate what you can and cannot do in regard to losses. I'm not concerned about losses. I just want to cover myself by correctly reporting any income from renting the points out. Is it as easy as saying if my yearly fees are $3,000 and I only take in $3,000 then I don't have to report anything?

My objective is to pay my annual fee through rentals, and then still have points left over for my family.

[aliikai2 Super Moderator Find all posts View Profile Close aliikai2]

As I said in answer to your other post,

My objective is to pay my annual fee through rentals, and then still have points left over for my family.

Being able to rent enough to cover your fees and have some left to use for free is a great idea, it doesn't happen that often though.

Greg