Property Donation Group: Scam

[PDG Member Find all posts View Profile Close PDG]

Forum

We're gonna make our own forum now.

[bigfrank Administrator Find all posts View Profile Close bigfrank]

We're gonna make our own forum now.

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[bigfrank Administrator Find all posts View Profile Close bigfrank]

Hi Ron,
> > We have received all pertinent paperwork and are breathing a
> sigh of
> > relief. Our timeshare was an albatross around our necks and
> we didn't
> > believe we would ever be able to remove it. We want to thank
> you so much
> > for your help. Property donations has responded to all our
> emails and
> > answered all our questions even when we had difficulty
> contacting other
> > parties involved. There were times when I was skeptical, but
> all is well
> > that ends well. I cannot thank you enough for helping us
> remove this burden
> > from our life. I would recommend Property Donations to others
> who feel
> > the burden of a timeshare in their life.
> > Thank you,
> > Michael and Linda Falabella

ONCE AGAIN there was no such post made, Maybe they told you they were going to post that but it never happened.

[PDG Member Find all posts View Profile Close PDG]

Lol

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That's cute

[PDG Member Find all posts View Profile Close PDG]

Timeshare Donation Scam Prevention

That's cute

There are some timeshare donation companies [/URL]that will charge you a fee to take the timeshare off your hands but are really only trying to sell it on a consignment basis. This means that if they can't find a buyer soon enough for them to sell it and make a profit then you will be out the up-front money and still be stuck with the timeshare responsibility. When you choose a company make sure they guarantee the timeshare will be transferred and recorded out of your name before you do business with them. And no matter what anyone tries to say we are not a PCC consignment company. We transfer.

[PDG Member Find all posts View Profile Close PDG]

Testimony

There was a testimony taken off and if anyone wants to talk to the nice lady that was verbally abused by your moderators then contact our office we will put you in contact with each other as well as other happy clients we have.

OR you can post your timeshare for free at this link http://www.timeshareforums.com/forum...-involved.html

[BocaBum99 Super Moderator Find all posts View Profile Close BocaBum99]

There are some timeshare donation companies that will charge you a fee to take the timeshare off your hands but are really only trying to sell it on a consignment basis. This means that if they can't find a buyer soon enough for them to sell it and make a profit then you will be out the up-front money and still be stuck with the timeshare responsibility. When you choose a company make sure they guarantee the timeshare will be transferred and recorded out of your name before you do business with them. And no matter what anyone tries to say we are not a PCC consignment company. We transfer.

How do you guarantee that the timeshare will be transferred and recorded out of the owners name? Do you put the money into escrow until it is completed?
Or, do you have a money back guarantee if it isn't transferred within a 60 or 90 day time frame? You claim a guarantee in your post, I'd like to know just what that guarantee is and how you ensure it gets transferred in a timely fashion. And, do you transfer all timeshares to a holding company? Or, do you wait until there is a buyer prior to identifying the party to whom it will be transferred. My knowledge of the business tells me that if you do not transfer all timeshares to a holding company, you cannot guarantee transfer intervals of any kind.

I would not use your services unless you answered the above questions to my satisfaction.

After watching this thread and thinking about your business model, it is obvious to me that you are acting as an intermediary for charities in disposing of timeshares donated to them and earn a fee for doing it. You use the PCC back end process of disposing of timeshares to get rid of them. This is different than being a PCC, but the timeshares are disposed of in the same way. For those timeshares that are worthless, you dump them into companies that simply default on the timeshares every year to avoid paying another year maintenance fee and start new companies every year. For those timeshares with value, you sell them to third parties who will then dispose of them on eBay or similar selling ground.

If this is your model, then I would highly question the deductibility of the donation. In order to claim a charitable deduction, the charity must receive a donation of the property and file forms for that purpose. Then, they must also file a form to the IRS when they dispose of it and at what price with a receipt to the original owner. If the Charity isn't filing that form and the transfer isn't visible to the owner, then they will be at risk when the IRS audits them. It is NOT enough to get a so-called appraisal for a timeshare. There are no reliable timeshare appraisers. But, there is a clear law that 501(c)(3) charities must report and the sale price of any donated timeshare that they dispose of within set period of time via a 1098-c. That would be the sale price that IA and its dumping network sells it for. It ain't going to be a lot.

Until I got sufficient information about the process for disposing of the timeshare and the chain of title as it relates to the charitable organization, I wouldn't claim a deduction on my tax return. I would in fact as the charity about what they will file and and what time. I wouldn't ask PDG.

Be very careful using this service. I will extend my offer one more time. If anyone wants to use this service work with me and I will guide you through the paperwork to help ensure you can pass an audit of the IRS asks you to prove your charitable deduction.

So far, not one person has even asked me about my offer. So, I highly doubt anyone who has read this thread has signed up for PDG service.

[tonyg Goomba & Super Moderator Find all posts View Profile Close tonyg]

Our forum is not open for you to spam and the only reason you are here is to promote your deceptive company.

[rikkis_playpen Diamond Club Contributor Find all posts View Profile Close rikkis_playpen]

Get rid of your timeshare for free! Absolutely no cost!

http://www.timeshareforums.com/forum...-involved.html

Visit the above link and post information about your resort! Many members have been successful in giving away their weeks without any cost!

Also, once you have a few posts- you can get a free classified ad as well!

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

There are some timeshare donation companies [/URL]that will charge you a fee to take the timeshare off your hands but are really only trying to sell it on a consignment basis. This means that if they can't find a buyer soon enough for them to sell it and make a profit then you will be out the up-front money and still be stuck with the timeshare responsibility. When you choose a company make sure they guarantee the timeshare will be transferred and recorded out of your name before you do business with them. And no matter what anyone tries to say we are not a PCC consignment company. We transfer.

Baloney. As I posted at the start of this thread, PDG demanded $824 up front to take my timeshare, as well as a Power of Attorney to American Timeshare Closings LLC, a company owned by a Better Business Bureau-reported con artist named Stacy Gillespie. His ATC LLC company is also listed on the State of Tennessee "Buyer Beware List" published by the state Consumer Affairs Division.

Why does PDG continue to lurk here? Do they really think that they are fooling anyone?

[bigfrank Administrator Find all posts View Profile Close bigfrank]

Baloney. As I posted at the start of this thread, PDG demanded $824 up front to take my timeshare, as well as a Power of Attorney to American Timeshare Closings LLC, a company owned by a Better Business Bureau-reported con artist named Stacy Gillespie. His ATC LLC company is also listed on the State of Tennessee "Buyer Beware List" published by the state Consumer Affairs Division.

Why does PDG continue to lurk here? Do they really think that they are fooling anyone?

As of this morning they were banned, Out of fairness I feel it best since they can not reply to stop posting information that they can not respond to.