ACTIVE ARMED FORCES MAY HAVE UNTIL 2011 TO CLAIM THE TAX BENEFIT! 8K AND 6.5K

By
Real Estate Broker/Owner with RE/MAX In Motion

Reminder: Armed service members have extra year to claim homebuyer tax credit
While the contract deadline for the homebuyer tax credit for most Americans has come and gone, please remember, that members of the armed services and certain other federal employees still have time to take advantage of the incentive. 

For those that served outside of the U.S. for at least 90 days during the period beginning after December 31, 2008, and ending before May 1, 2010, the deadline is extended to April 30, 2011. If a binding contract is entered into by that date, the taxpayer has until June 30, 2011, to close on the purchase. Both the $8,000 first-time and the $6,500 repeat homebuyer tax credits are included in the extension.  THIS BLOG POST IS PER NYSAR NEWS.  

CALL A RE/MAX IN MOTION AGENT TODAY AND GET YOUR PLANS IN MOTION.  607-277-1500 OR VISIT WWW.REINMOTION.COM

 

MELISSA MILLER

 

Comments (2)

Roy Kelley
Retired - Gaithersburg, MD

Good reminder for military families.

 Blooming for home buyers in Maryland.

May 24, 2010 12:37 AM
Pat Fenn
Marketing Specialist for CJ Realty Group/Cindy Jones Broker - Springfield, VA

Lots of military families coming into our area at this time of year and they are surprised to know they may still qualify.

May 24, 2010 01:12 AM