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March 28, 2025
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NYC Timeshare as Permanent Living Quarters for NY State Income Tax?

  • March 28, 2025
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My husband and I bought into a Hilton timeshare in NYC in Nov 2024. We are told we are owners in a specific property, own shares, pay a proportioned maintenance fee, have voting rights to elect board members, receive board reports etc.  But our "ownership points" entitle us to a max stay of maybe 7-14 days in a year.  Have we "...maintained any living quarters in NYC in 2024?" to quote the Turbo Tax question.

Best answer by AmyC

You do not maintain living quarters there for over 6 months, like a resident would.

1 reply

AmyC
AmyCAnswer
Employee
March 28, 2025

You do not maintain living quarters there for over 6 months, like a resident would.

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