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However, most charities are unable to take on deeded ownership of a timeshare, so they opt to sell the timeshare. If a charity sells the timeshare and keeps the proceeds as a donation, the donor is then entitled to a tax deduction. [4] Timeshare properties worth more than $5,000 need a written appraisal in conformity with IRS standards ...
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This is a list of the major timeshare companies worldwide. Timeshare companies. Company Office Resort locations Number of resorts Number of rooms Number of owners
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When you buy one, you purchase the right to vacation at the property — or sometimes use "points" to vacation at timeshare properties — for a limited amount of time each year. Don't miss
The term "timeshare" was coined in the United Kingdom in the early 1960s, expanding on a vacation system that became popular after World War II. [1] Vacation home sharing, also known as holiday home sharing, involved four European families that would purchase a vacation cottage jointly, each having exclusive use of the property for one of the four seasons.