Tax Credit May Be Extended for Overseas Military Personnel
By Connie Webb, Your Cheyenne Wyoming Realtor
(Century 21 Bell Real Estate)
Dear Military Personnel or Family or Friend of the Military:I have just been made aware that it may be possible for you to still take advantage of the first time home buyer tax credit. There may be an extension for military personnel who were overseas. Please see details below: Members of the military and certain other federal employees serving outside the U.S. have an extra year to buy a principal residence in the U.S. and qualify for the credit. Thus, an eligible taxpayer must buy, or enter into a binding contract to buy, a principal residence on or before 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. Members of the uniformed services, members of the Foreign Service and employees of the intelligence...