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Financial Planning / Tax Strategies


Subject:  IRA withdrawal for 1st home purchase Date:  5/18/2001  1:44 AM
Author:  ajbishop Number:  51060 of 127549

I was considering using this option to finance my downpayment on a first home. Two questions:

1. Is it possible to use this $10K withdrawal for a home purchase outside the US (I am thinking of buying in Japan)?

2. Are there any downsides to this withdrawal?

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