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Taking money from an IRA to purchase a home out of state for our retirement.
I lived and own a home in NJ. In July I took money out of my IRA as the down payment of a house in FL. Unfortunately I was laid off at the end of July and we had to move more quickly then expected. I moved in the middle of November to FL. I still have the house in NJ because I could not sell it before the end of 2021. Can't I say I re-invested the money from the IRA into a new home investment?
‎April 17, 2022
1:30 PM