According to the Tax Court, donating to a charity the right to use a timeshare unit is not a reportable donation. A trader and his wife donated a week’s stay in their Caribbean timeshare as a prize in a charity’s auction. They then claimed a charitable deduction for the rental value of the unit plus a portion of the maintenance fee. The tax law does not allow for this type of deduction. So it was rejected.
Van der Lee, TC Memo. 2011-234