ExpertClick - Are "timeshare" sales/re-sales valid in capital gains and losses?

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Are "timeshare" sales/re-sales valid in capital gains and losses?

Just returned from a "timeshare" sales/re-sales seminar in which we were told re-selling a timeshare, incurring a loss, is reportable on Sch D as a loss? Is this information accurate?
Thank you.

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