One very important thing I want to tell you. Get some tax planning regarding your situation. I’ve dealt with a lot of them Sometimes they result in a small gain. Most often there is a loss involved. With the clients I have that are in your situation… well we are spending a lot of the summer figuring out what to do to maximize their tax benefits. You lost $500,000 and even if there is only $5,000 in tax benefits you should get every dollar of that. So you don’t have to talk to me but find someone really good with basis calcs in a 1031 find out what your loss or gain is and than see if their is anyway to use it to your advantage. For example we had a client or two who lost properties last year. We converted some IRA money they had to Roth IRA. This created income which used up tax benefits that otherwise would not have done the clients much good.