Qualified military can take advantage of home buyer tax credits for another year. A legislative provision targeting active members of the military, Foreign Service and intelligence communities provides those buyers with an additional year of eligibility. The provision only applies to home buyers in the above mentioned groups who have served on official extended duty for 90 days or more outside the U.S. from Jan 1, 2009 to April 30, 2010.
Other resources can be found on NAHB’s web page at www.nah.org/taxcreditmaterials or additional information at www.federalhousingtaxcredit.com
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