Is owning a Timeshare considered an "asset"?

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Is owning a Timeshare considered an "asset"?

2007-03-27 12:44:14 · 2 answers · asked by Glorylori28 2 in Business & Finance ➔ Investing

2 answers

Yes, it has a market resale value, plus a rent value. It is an assett just like the money you may owe on it is a liability.

2007-03-27 12:52:38 · answer #1 · answered by Brian G 6 · 0⤊ 0⤋

No way is a timeshare an investment. There's so many that are being dumped on the market that it is a depreciating asset. If you're lucky you may recoup most of your cost when selling.
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2007-03-27 22:24:23 · answer #2 · answered by SWH 6 · 0⤊ 0⤋