offutt air force base: Military members get an additional year to use housing tax-credits! - 12/17/09 05:50 AM
Below are a few Special Added Benefits for Members of the Military, the Foreign Serviceand the Intelligence Communities...
 Congress has acknowledged the unique circumstances affecting members of the  military, the foreign service and the intelligence community by making the following  exceptions that apply to both the $8,000 tax credit for first-time home buyers and the  $6,500 tax credit for repeat home buyers.
Exemption From Tax Credit Recapture Rules:
 Typically, homes that are sold or that cease to be used as a principal residence within  three years of the initial purchase are subject to recapture of the tax credit.    However, qualified … (0 comments)

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