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<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><title>Trulia Voices: Can I use my IRA to purchase a property as an investment?</title><link>http://www.trulia.com/voices/Home_Buying/Can_I_use_my_IRA_to_purchase_a_property_as_an_inve-141963</link><description>Someone told me this could be done.</description><language>en-us</language><item><title>Answer by Jason Diperstein</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-Haddonfield_NJ-775542/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-Haddonfield_NJ-775542/</guid><description>Harvey, &#13;
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I need a little clarification here.  You can cash out your IRA for a down payment, or if you already have a down payment you can use you IRA as assets to bolster your strength as a borrower.  If you are speaking of the former you should definitely speak with your tax professional.  There may be serious tax implications for early withdrawals of equity on a down payment.  If these are not what you were speaking of, please be more specific.&#13;
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Kind regards,&#13;
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Jason Diperstein&#13;
E Mortgage Management&#13;
800.793.9633 ext. 156&#13;
jdiperstein@emmloans.com</description><pubDate>Wed, 01 Jul 2009 09:06:41 -0700</pubDate></item></channel></rss>
