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Updated over 7 years ago,

Nik Sharapov's profile image
Nik Sharapov's profile image
Nik Sharapov
  • Real Estate Agent
  • from Las Vegas, Nevada
  • Member since May 22, 2016
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User Stats

10
Posts
1
Votes
Nik Sharapov's profile image
Nik Sharapov's profile image
Nik Sharapov
  • Real Estate Agent
  • from Las Vegas, Nevada
  • Member since May 22, 2016
Connect
Nik Sharapov
  • Real Estate Agent
  • Las Vegas, NV
1
Votes |
10
Posts
Personal Finance

Withdrawing 401K at 59 1/2 and using to buy a House.

Nik Sharapov
  • Real Estate Agent
  • Las Vegas, NV
Posted

Hello Bigger Pockets forum users, my father of 59 1/2 years old is thinking of taking out his 401K and using it to buy a house in order to pay less taxes due to withdrawal of the 401K funds. Is there a way to do that? Are there tax benefits to doing so?

Thank you.

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