Purchase DVC...for future investment OR Identified specific QTY which reduces Financial impact

[CarolMN]

I'm going to reiterate, though:

The contract you have with Disney specifically states that your timeshare is not a vacation home and does not have any residency option.

The contract you have with Disney specifically requires that your use be primarily personal, and that business use (like renting) is incidental.

And what you purchase is a deeded interest in a RIGHT-TO-USE LEASE. That's not the same as real estate.

 

[crisi]

I'm going to reiterate, though:

The contract you have with Disney specifically states that your timeshare is not a vacation home and does not have any residency option.

The contract you have with Disney specifically requires that your use be primarily personal, and that business use (like renting) is incidental.

And the IRS could use that language to disqualify any deductions.