I want to combine 10 acres and 2 homes which includes a inground pool and a building that has a 2 car garage and a game room. I want to sell all of it for $650,000.00. I owe about $350,000.00 on the properties which I want to pay off and take maybe about $200,000.00 on new home and whatever is left in a IRA. If I was to do so, would it hurt me with taxes or is this a dumb idea to begin with?