If I had a dime for every time I’ve been asked this question over the past 2 weeks, I could take that much-needed vacation and not skip a beat, but unfortunately, I don’t have those dimes any more than I have a definitive answer. I do have my opinions, but they’re just that… opinions.
HOWEVER, here’s what I do know; Members of the U.S. military, foreign service and intelligence communities have another year to purchase a home and claim the home buyer tax credit! Here are the nuts & bolts:
- You must be a service member who is or has been on extended duty for 90 days or more between Jan. 1, 2009 to April 30, 2010
- You must sign a sales contract before April 30, 2011
- You must close on the home by June 30, 2011
- Both the $8,000 first-time and the $6,500 repeat home buyer tax credits are included
It’s but a small token of what our military and their families deserve for what they give us!