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: Most charities avoid timeshares because the ongoing maintenance fees, special assessments, and difficulty of resale often outweigh the property's value.
: If there is still a mortgage on the timeshare, the IRS may treat the donation as a "bargain sale," which complicates the tax benefits and may even result in a taxable gain for the donor. Potential Benefits
: For a tax deduction over $5,000, the IRS requires a qualified appraisal performed by a professional. You cannot simply use the original purchase price or an estimate from a website.