My wife and I purchased a timeshare in Las Vegas 5 years ago before the birth of our first child (4 yrs ago) looking at it as an investment and possible renting it the years we did not use it. We have since listed it with 2 or 3 different companies to sell/rent (We have learned our lesson and no longer listen to them) with out any luck. I had a company (Timesharebailout) tell me that for 3500, they will transfer the deed out of our names and we will be rid of the timeshare. They also said that I would be able to deduct the original cost of the timeshare and the fee they charge off my taxes for the next 6 years (3000/yr). Are they telling me the truth? Not likely. I would be leary of any company that wants YOU to pay THEM. For a timeshare to be of any use to them, they would need to be able to sell or rent it, which is very hard in this market. I would suggest giving the timeshare away. You won't be out of $3500 and you won't have to pay the on-going maintenance fees. The Timeshare User Group (http://www.tug2.net) is a great resource for timesahre information and they have a bulletin board where you can list your timeshare to give away (or rent, if possible).-Steph
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