I'm going to ask the same question I asked the first time. WHY?
You say this will give you more control over your money. Can you explain what you mean by that? I would think you have more control in an IRA where you can choose almost any investment you want. Also, what investments do you have besides the rental properties? What percentage of your portfolio is tied up in real estate?
I think we need more info to understand your line of thinking and why you think cashing out your IRA would be a good thing to do.
Also, I think you'll get a lot more responses if you move this discussion to the Investing or Personal Finance board instead of the Frugal Questions board.
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Steve
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