Market Update on the $8000 Tax Credit

By
Education & Training with SendOutCards-Appreciation Marketing Expert

 

MARKET UPDATE

 

The $8000 Tax Credit Still Exists For Some!!!

Military & Certain Federal Employees Get Home Buyer Tax Credits Until 2011

 

Did You Know that there is STILL a Tax Credit Available?

 

Who qualifies?

  §  Member of “uniformed” services

  §  Member of Foreign Service of the US

  §  Employee of Intelligence Community

  §  Spouse of any of the above

 

And must have had:

  §  Extended Duty outside the US for 91 days, or

  §  Extended Duty inside the US for 91 days and had to relocate at least 50 miles from principal residence

  §  Sold principal residence between Jan 1 2009 & April 30, 2010

 

Tax Credit Dates Extended to:

§  Signed contract by April 30, 2011

§  Closed by June 30, 2011

 

Can get tax credit if:

  §    They sold their home or the home stops being their principal residence as of January 1, 2009 (because of government orders)

  §    Extended duty (either inside or outside the US) and had to move at least 50 miles away from principal residence

§                                             (Extended duty is defined as 91 days service (either inside or outside) the US.)

 

            Need More Information?  Contact the IRS at 1-800-829-1040 or www.irs.gov.

 

Wishing you much success~-Jay

 

 

 

 

 

Posted by

 

 

Jay McHugh,

CRS, CBR, ABR, CDPE, 

Speaker and RainMaker

www.myrandomactsofcardness.com

617 699 7442

Jay@JayMcHugh.com

Follow me on Twitter:  https://twitter.com/jaymchugh

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Rainmaker
113,720
Ian Lazarus,CRB CRS
Shore Points Realty - Sea Isle City, NJ
Jersey Shore 2nd Home & Financial Specialist

I forgot this was still in effect. Thanks for posting this. ~ Ian

Ian Lazarus,CRS

ian.lazarus@mygo2realtor.com

www.FindaShoreHome.com

 

Jan 24, 2011 04:40 AM #1
Rainer
113,294
Jerry Cecil
Bloomtree Realty - Prescott, AZ

I didn't know any of this.  Thanks for the post.

Jan 24, 2011 04:56 AM #2
Rainmaker
363,906
Jay McHugh
SendOutCards-Appreciation Marketing Expert - Acton, MA
YOUR SendOutCard Mentor

YOUR welcome...

Jan 24, 2011 05:00 AM #3
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