Benefits When You Donate Timeshare To Charity
Getting out from under a timeshare, or a vacation property, often means a plethora of hassles.
Time-share owners often discover that the resale value of their slice of paradise is only about a fraction of what they paid for it; many are reduced to listing time-shares on sites like Craigslist or eBay for pennies on the dollar, or even end up paying re-sellers hundreds or even thousands of dollars to take the properties off their hands.
It is estimated there are over 9 million timeshare owners in the United States alone and 74% of those are locked into lifetime contracts with perpetuity commitments that can even pass on to their next of kin. With an average annual maintenance fee of $970, and often difficult booking processes, timeshare ownership can become very frustrating. TimeshareDonations.org was founded on the idea that you should have an option when it comes to exercising your rights. They are here to eliminate your unwanted timeshare and help you move one step closer to financial peace of mind.
Here are just a few benefits those who donate timeshares enjoy:
- Current Market Value Tax Deduction can be taken over a a period of 5 years.
- A social and public benefit. You help the Community with a timeshare donation!
- Help a Trusted Charity. Yes, you can choose who gets the proceeds!
- Save on the yearly fees associated with timeshare ownership.
- Avoid the lengthy hassles of a private sale that generally garners much less of a financial benefit to the owner than donating
You might ask, how long is the timeshare donation process? With TimeshareDonations.org the normal time frame to complete a transfer of ownership is normally 2–4 weeks. Though if you are on a strict time schedule, rush service is available for those that need to donate fast.
When you donate timeshare, you will not only help local community members, but it is also an efficient, guaranteed way to rid yourself from vacation ownership, get rid of your maintenance fees, and potentially receive tax benefits. Feel at ease when you make a timeshare donation because TimeshareDonations.org is apart of an IRS approved 501c(3) nonprofit charity.
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