Timeshare Trap

Timeshares are one of the worst investments you can make. This journal is to inform people who are thinking about purchasing a timeshare not to do so and help those trying to get rid of their timeshare.

Friday, March 02, 2007

Should You Keep a Timeshare?

Kiplinger financial magazine has a short blurb asking should you keep a timeshare. Unfortunately, it's simply a blurb and not a detailed article which would have been nice to see, but does show the pitfalls of time share ownership:

Two decades may be hyperbole, but the Reillys definitely stumbled upon one of the rubs with timeshares. They discovered the other two when they looked into selling: You may not get back what you paid, and the loss isn't deductible. "If you make money, you pay Uncle Sam, and if you lose, tough luck," says Terry... entire article


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