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Updated about 9 years ago on . Most recent reply

Patrick McCandless's profile image
Patrick McCandless's profile image
Patrick McCandless
  • Residential Real Estate Broker
  • from Paso Robles, CA
  • Member since Feb 4, 2015
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Patrick McCandless's profile image
Patrick McCandless's profile image
Patrick McCandless
  • Residential Real Estate Broker
  • from Paso Robles, CA
  • Member since Feb 4, 2015
Connect
Patrick McCandless
  • Residential Real Estate Broker
  • Paso Robles, CA
55
Votes |
191
Posts
Buying & Selling Real Estate

Contributing to IRA and using funds for home purchase

Patrick McCandless
  • Residential Real Estate Broker
  • Paso Robles, CA
Posted
I know I will get the "consult your accountant" answer, but can someone either with personal experience or definitive knowledge on the subject tell me if I'm able to contribute my max towards a new IRA for the 2015 tax year in order to save on taxes and then deduct those contributions most likely late 2016 to put toward a down payment on a primary residence?
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