Timeshares: the good, the bad, and the ugly

A timeshare, often known as vacation ownership, is a commitment to pay for annual trips to the same resort or family of resorts for the rest of one's life. Today's guests discuss the key factors to a positive timeshare experience.<br /> Henri Moreau, Founder of Timeshare Properties Inc., says, "Timeshares are a lot like marriage, when you're in a good marriage you're close to heaven, when you're in a bad marriage you're close to hell." He goes on to give expert tips on how to avoid timeshare hell, and how to find the right timeshare for your lifestyle. <br /> Timeshares can also be set up in a business entity for maximum tax benefits. Tom Wheelwright, Rich Dad Advisor on taxes, says, "There are times you want to own it as a business, from a tax standpoint, if you are using it as a business it's much easier to show business proof if it's set up in a business name." <br /> Hosts Robert and Kim Kiyosaki are joined by guests Henri Moreau and Tom Wheelwright to discuss what a timeshare is, the pitfalls of timeshares, and the tax implications. <br /> Questions for Henri Moreau? <a href="http://www.wmcredits.net" rel="noopener">www.wmcredits.net</a><br /> Tom Wheelwright: <a href="http://www.wealthability.com" rel="noopener">www.wealthability.com</a><br /> Learn more about your ad choices. Visit megaphone.fm/adchoices