Q-Early in 1991 we plan to sell our current home and move to a less expensive town. We will have a profit of about $75,000 from our home. The problem is my husband won't become 55 until September of 1991, but we don't want to wait that long to sell. Homes in the town where we want to move cost at least $50,000 less than our current home's market value. Any ideas?

A-Plan your tax moves very carefully by consulting your tax adviser long before your home sale. Here are some considerations:

If you purchase a replacement home of equal or greater cost within 24 months before or after the sale, your profit would be tax deferred. Should you buy a replacement home costing about $50,000 less than your old home's adjusted (net) sales price, then $50,000 of your $75,000 profit will be taxed and the remaining $25,000 sale profit will be tax-deferred.