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Updated over 1 year ago on . Most recent reply

Need Advice on Using Retirement Brokerage for Home Downpayment
Coming on here because our real estate agent nor local CPA can confirm. We'd like to purchase a home using my grandmother's (retired for over 10 years) funds from her retirement brokerage and brokerage account for a downpayment. We heard that there is a way to rollover this money into the downpayment without withdrawing the money directly and it being taxed as an income for my grandmother. Any advice?
Most Popular Reply

@Kaelyn See maybe convert it to a self-directed account? Is this going to be a loan? I would reach out to @Dmitriy Fomichenko to ask his opinion.
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