TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Value of Timeshare

December 08, 2010

Today TaxMama hears from Haley in the TaxQuips Forum, who is working on an Offer in Compromise. “Is there a method for obtaining a fair market value (FMV) for a Time Share property? I would hate to report the full purchase as the FMV on the 433-A, but d