Guaranteed Location of Choice

• One of the benefits associated with timeshares is that the buyer is guaranteed his or her vacation location of choice each year without having to make new vacation arrangements each year.
  
  

Encouraged Vacation Time

• Another benefit associated with timeshares is that it encourages people to take a break from their busy work schedule to take a vacation each year because they have to pay for the timeshare whether they use it or not.
  
  

Fixed Price

• Timeshares are essentially prepaid vacations, which means there may be fewer price fluctuations than you find in other types of vacations. Individuals may not have to worry about the timeshare's prices increasing when they book the same place each year.
  
  

Cheaper Cost

• The main benefit of timeshares is that it makes vacation homes affordable to individuals who might not otherwise be able to afford one. By splitting the cost of a vacation home with other individuals, the price of enjoying the vacation home is a fraction of what it would cost to own the vacation home themselves.
  
  

Tax Deductions

• Timeshares are classified as a second home by the Internal Revenue Service, which means individuals may be able to deduct interest on real estate tax payments and outstanding debt.
  
  

No Upkeep

• Another benefit associated with timeshares is that there's no upkeep, as there is for a traditional vacation home. The timeshare fee takes care of costs associated with the vacation home's upkeep.
  
  

Less Security Worries

• Owners of traditional vacation homes have to worry about a property's security whenever they are away. The advantage of owning a timeshare is that there's usually someone using the vacation home, which means you can worry less about security.