I recently retired and am currently in escrow to buy a new home in an area up the coast from where I currently live. Since I am buying the new place before I sell my current home, I figure I would use my taxable account to buy the new home and then put the money back when I sell my old home. I have no pension or other income, so I figured I would not qualify for a home loan. I modeled the tax implications in Turbotax and will have to deal with a huge tax bill. If I did not buy this new property, my 2017 taxes would be around $500, while the raising the cash for this new home will give me tax bill of over $50,000. Does anyone know of a better option to finance the home purchase? I am 56 years old with about half my portfolio in a taxable account and the other half in rollover IRA and Roth accounts. The new home is costing about the same what my current home is worth. Thanks for any suggestions.