My wife and I bought our first-time house one year ago. Now, we are entering into divorce and have decided to split the house value equally. I would like to stay in this house by buying out my wife's share. To get the fund to pay my wife, can I use the IRA fund up to $10k without penalty? My understanding is I am still the first-time buyer but now aim to complete the full transaction to get the entire first-time house this time. Thanks.- SJ
