If you’re a timeshare owner who wants to get out of your recurring maintenance fees, donating it to charity sounds like a pretty sweet deal. You can just give it away, be done with the bills, get a tax deduction, and do some good for a worthy cause.
So what’s the problem? . . . The US Department of Justice wants to close down a major timeshare donation company, and the IRS says this is part of a tax fraud scheme that has been going on for years.
From a timeshare owner’s point of view, there is good news, bad news, and some REALLY bad news! . . . [Continue…]