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Thank you for posting this informative and factual material. Far too many people incorrectly believe that the "fair market value" of a donated timeshare somehow correlates to what they may have originally paid for it. It doesn't, plain and simple. Many PCC's mislead people with implications (or overt claims) to the contrary. If a timeshare for which someone paid $15,000 ten years ago can't even be given away for free today, then the fair market value today is clearly ZERO. With a market value of ZERO, it stands to reason that the applicable "deduction" for the "donation" is likewise ZERO. Thanks again for citing this case. The information may help someone avoid running afoul of the IRS after believing the incorrect claims of PCC's regarding tax deductions for donated timeshares.