Friday, April 16, 2010

Tax Credit Continues for Some Beyond April 30!

Question - Does the tax credit end for everyone that has not signed an offer to purchase by April 30?

Answer - NO!! Any member of the military, Foreign Service, or intelligence community that has been assigned on extended duty outside of the U.S. for a period of at least 90 days from January 1, 2009 to April 30, 2010, can still take advantage of the tax credit until April 30, 2011. Qualified official extended duty is any period of extended duty while serving at a place of duty at least 50 miles away from the taxpayer’s principal residence (whether inside or outside the U.S.) or while residing under government orders in government quarters. Extended duty is defined as any period of duty pursuant to a call or order to such duty for a period in excess of 90 days or for an indefinite period.


Agents should be constantly marketing this fact! Little has been said by the media. Now is your time to shine with knowledge and grab more clients. There is a website devoted to the tax credit for first time and certain long term home owners. See http://www.giveme8000.info/ for all the details.

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