McCaskill Works to Extend Homebuyer Tax Credit For Troops Serving Overseas

Legislation moves back deadline on stimulus tax credit for men and women serving abroad. WASHINGTON, D.C. – September 30, 2009 – (RealEstateRama) — While many American families have taken advantage of the First-Time Homebuyer Tax Credit and other benefits available through the economic recovery effort, many American heroes have been deployed overseas and thus unable to take advantage of this valuable credit to help them buy a home of their own. Today, U.S. Senator Claire McCaskill introduced a bill in the Senate to extend until November 30, 2010 the availability of this credit of up to $8,000 toward the purchase of a first home for service members deployed abroad for more than 90 days during 2009.