Month: September 2015

Hilton timeshare guide: seasons, points etc

Hilton timeshare guide: seasons, points etc

Seasons at Hilton Grand Vacation Club Timeshare resort units are subdivided into 52 separate units of time (52 weeks in 1 year), each week sold separately and usually sold to a maximum of 51 owners. Each owner of a timeshare unit would own a deeded interest in 1/51 of the unit, which represents one week of ownership every year or every odd/even year. Hilton divides the 52 weeks into two different seasons: Platinum (1-18 weeks, 23-35 weeks, 42-52 weeks) Gold Season (19-22 weeks, 36-41 weeks) Simply put, Platinum season is high season (summer/christmas time…continue reading →
Renting out a timeshare unit

Renting out a timeshare unit

Q: If I rent out my timeshare unit, will I have to report the income for income tax purposes? A: In almost every situation, you are required to report the income on your tax return. The timeshare rental income is taxable, just like any other income you have. Q: What deductions are allowed as write-offs? A: Deductions may include your annual maintenance fee, advertising, rental commission, depreciation, property taxes (if you pay them separately from the maintenance fees) and interest expense on your timeshare loan (if you have a loan on the timeshare).…continue reading →
Hilton timeshare Hokulani in Waikiki

Hilton timeshare Hokulani in Waikiki

We had the opportunity to take a look at a timeshare unit in Hilton Hokulani this past week and would like to share some of our photos on our website. The great thing about Hilton Hokulani is that it is right in the middle of Waikiki, the interior is brand new, the service is fairly luxurious like a hotel, and more over, the decor is contemporary. There are two common downsides Hilton Hokulani guests tend to notice. One is that there are no ocean view units like Lagoon Tower or Grand Waikikian. However, if…continue reading →
Hilton Timeshare Reservation Types

Hilton Timeshare Reservation Types

There are mainly three types of reservations at Hilton Grand Vacation Club. Hilton Home Week Reservation (9 months - 12 months) If you are looking to use your timshare in the resort you hold the ownership for and you'd like to stay for an entire week, checking in on Saturday, then you are able to make a reservation from as early as 1 year in advance of your check in date. The home week reservation applies up until 9 months prior to the check in date. Home week researvations do not any reservation…continue reading →
Timeshare and hotel comparison

Timeshare and hotel comparison

How much money can I save by owning and using a timeshare rather than paying the hotel rate? Let's take an example of a 2 bedroom unit in Hilton's Grand Waikikian with an ocean view sold for $45,000. If you rent a similar size unit with an ocean view in Waikiki, rates run at around $1,000 per night. Here is a comparisone of how much you will pay in 15 years Hotel $7,000 each week x 15 years = $105,000 Timeshare $1,700 each year (maintenance fee) x 15 years = $ 25,500 (+ purchase price…continue reading →