DVC Point Renting Agencies

Reporting to the IRS is not to bad. Since its overnight rental it should go on schedule C but many accountants would put it on schedule E. Expense would be dues times the points used plus depreciation and the rental fee. Keep in mind there is a loophole in the code enabling anyone with a vacation home to exclude 14 days of income per year. In anyways it something to discuss with your tax accountant. For reference I am a CPA and retired accounting professor with a speciation non tax.

This is very interesting, that it's written in.

Check here often. Good renters. I myself will be listing here in November.

Except it is how DVC is set up. It is a timeshare per say, but unlike other timeshares they set it up so you are deeded a portion of the property. So it’s actually an ownership.Timeshares as we all knew from years ago you bought a week or two in a season you picked and were only in that unit for your week. You had no ownership in the unit or building. What you payed for was a week in that unit.
The way DVC set it up was different and when they did it, innovative. As now Marriott, Sheraton do the same. That’s why your mortgage interest, property taxes, maintenance fees are deductible vs a traditional timeshare.
So not about cheating on taxes, it’s what’s allowed by law.

My father rolled his eyes and shook his head when we came home from our 2nd trip all full of Glee and giddy with our DVC binder, yes back then 96 they gave you a binder with all hard copies. They were dog sitting our GSD.
He said, you bought a time share! As in, what are you two crazy, though he didn’t say it but we knew that’s what he thought. No it’s not a regular timeshare this is different, dad.
My dad being my dad, who researched everything especially when it came to finances, investments, said give me binder. I’m sure thinking we had 3 days to cancel the contract.
Day two he shows up at my door and says… so how many points did you buy? 230. Okay well I read everything over, can you add, I’m getting older so I don’t want anything in my name. Add 70 pts so you have 300.

I know, odd as we or some think of it as a’timeshare’ though I never have said I own a timeshare in Disney. Because the way they set it up, you have ownership. Which is why you can write off, legally property taxes, mortgage interest if you carried on. Not 100% sure about MF, and tax laws have changed through the years. So maybe if at one point HOA fees were able to written off they were too.
I just send all my crap to my accountant and let him do the work. So not a tax girl, but do remember what things could be written off.
Have a nice trip.

If it comes up in conversation with people, I tell them we have a timeshare, only because people know what that means and I don't have to explain to them about DVC etc. I think to most people, it's the same in their mind.