Great news if you are a qualifying member of the US military, the Foreign Service, or the intelligence community. The $8,000 tax credit for first time buyers, and the $6.500 credit for repeat home buyers have been extended. For these qualified homebuyers, the tax credit now applies to homes with a binding sales contract in place on or before April 30, 2011. Note that your sale must close by June 30, 2011.
Your real estate specialist can provide complete details about how to qualify for this extension.
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#Military #Tax #Credit