Hi Anthony,
Selling your home: If you owned and lived in the home for a total of two out of the five years before the sale, then up to $250,000 of profit is tax-free (or up to $500,000 if you are married and file a joint return).
https://turbotax.intuit.com/tax-tips/home-ownership/tax-aspects-of-home-ownership-selling-a-home/L6t...
Buying a home - Unfortunately, most of the paid expenses when buying a home are not deductible in the year of purchase however, you may be able to deduct your prepaid mortgage interest (points), your property taxes and interest paid on your home loan. https://turbotax.intuit.com/tax-tips/home-ownership/home-ownership-tax-deductions/L7nXpU8Xz
The tax ramifications for buying the new house with money from your IRA: Unfortunately, you will not qualify for an IRA exemption since you are not a first-time homebuyer. Generally, distributions from a traditional IRA are taxable and qualified distributions from a ROTH IRA are tax free. Since you are 62, you would not incur an early withdrawal penalty.
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