Hi,
We have DVC at Wilderness Lodge and currently have 175 banked points that we will obviously be unable to use this year. Rather than wasting them, we were thinking of selling them through David's rentals. We have never done this and was hoping someone from the UK that has sold through David's before might be able to give some advice. We are mainly concerned about the US tax implications, will we have to pay any or any income tax in the UK? Also, would be great to know if we need a US bank account to sell to David's or if another method can be used?
Thanks a lot.
We have DVC at Wilderness Lodge and currently have 175 banked points that we will obviously be unable to use this year. Rather than wasting them, we were thinking of selling them through David's rentals. We have never done this and was hoping someone from the UK that has sold through David's before might be able to give some advice. We are mainly concerned about the US tax implications, will we have to pay any or any income tax in the UK? Also, would be great to know if we need a US bank account to sell to David's or if another method can be used?
Thanks a lot.