Based on the proceeding facts, owners are not 1.) billed separately for property taxes by the local taxing authority, 2.) billed or assessed on their individual ownership interest, and 3.) the property tax amount is not itemized separately on their annual maintenance fee invoice.
The manner in which property tax is assessed and billed by local taxing authorities varies from state to state. Thus, some jurisdictions (such as in California), bill timeshare owners directly. In other cases, (such as in Florida), the weeks are assessed individually and the tax is normally identified separately on your timeshare maintenance fee billings. In either case, the tax should be deductible, because the property tax has likely been assessed against your individually owned week.
However, if the property taxes are neither directly billed to you nor separately stated on your maintenance fee billing, you may not be entitled to a deduction for the tax. In such cases, it is likely that the entire timeshare resort has been assessed and billed for property tax purposes as one tax parcel or as parcels bigger than just your individually owned week. The tax in such a case is not assessed against your individual ownership, thus negating the opportunity for a tax deduction.
In summary, Pinestead Reef Resort and its management do not provide tax advice. We neither advise for or against the deductibility of timeshare property taxes. Timeshare property tax decisions are solely those of our owners. Nonetheless, we do provide this information to owners upon request, and show the most recent amounts below.
2023 Property Tax amount per unit/week owned:
1 Bedroom Unit = $43.80 2 Bedroom Unit = $65.70 Deluxe Unit = $87.60 Studio Unit = $39.42