Yes, it would be for thefirst house my spouse and I have ever pursued and will be bidding on today. We plan to use the IRA as a downpayment.

Yes, I do mean the Tax Return. I am entirely out of my game when it comes to explaining tax filing jargon. So when I close my IRA the bank will write me a check...

But what about just using a Traditional IRA to put down on a mortgage as a first time home buyer with a conventional loan between $5000 to $10000. Can taxes be ...