How to purchase a house as investment with IRA funds?



Answers:
I'm not sure of your exact question but you can take a penalty free distribution from your IRA (max $10K) to purchase a first home. You'll still receive a tax statement from the IRA company at the end of the year but you'll be taking it 72t so you'll have to fill out another form as well as show proof that you used the funds to purchase the house. From the day you withdraw the money, you have 120 days to use it on the purchase.

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