<prompt> Human: Ok, so this is all a bit complex, I am going to try to keep it easy to read. If I miss any details I will edit this post to include them...My rental property needs moderate renovations after bad tenets. So far maintenance has been done out of my own savings, but now it needs all the flooring redone, Unknown sub floor status some Sheetrock work, fences repairedreplaced front and back, maybe appliances, septic needs pumped, along with some other things. Hiring a management company to help with the eviction and paying the mortgage without rent has hit my savings fairly hard.The property is in an area I believe will continue to gain value, and I do have significant equity in the property. This has led me to pursue a home equity line of credit. This would allow me to do the repairs and treat the rental more as a business with the goal of simply paying for itself until the loan is paid down.Pretty straightforward so far, but a new option has been presented. I found out last month that I have a moderate amount of money in an IRA from an ESOP company I worked for years back. That money wasnt paid out right away and I have just gained access to it. The idea of avoiding debt is appealing to me and this should be enough to pay for the repairs. Putting the money to use in this way seems like it would have better returns... Wife and I are 28 years old, and this year our combined income is about 70,000. We expect that number to go up a fair amount next year. Help me see this from other directions...  <response>: If you withdrawal from the IRA, it is a taxable event, and you pay a penalty. Go with the HELOC. 