Iam a 42 year old male , with only about $11k in an IRA. Is there anyway to take the money out and put it towards an investment property without getting penalized ? I have been told that either way I would be penalized regardless.....any info would be appreciated.

@William Jason Morgan

When you pull money out of an IRA at age 42 you will be taxed and penalized on the amount you take out. There is no way to avoid this.

@William Jason Morgan

Leave it in the Ira and buy real estate with it -in a self directed Ira -no penalties or taxes.

Don't take it out and get penalized. Just use a self-directed IRA. I believe there are a bunch of rules that come with it though. Like not being able to turn units or perform construction yourself. It may help you not work in your business and delegate work more.

@Carl Fischer thank you for that great Information!!! I just listen to Podcast 49 and heard Amanda Hann speaking on this exactly!!! Thank you !!!

@Frank Geiger thank you Frank!! I just listened to podcast #49 and heard Amanda Hann speaking on this exact strategy!!! Great advice , thank you !!