I'm sure you've already thought about it, but a 31% ($50k) shift in value has implications in relation to the rest of the neighborhood.

Kathy, I jave been told about social workers who have lied to landlords about the checks being "guaranteed".

Our site began in February 2016, and we are just now beginning to enter pages 1 - 3 on key searches.Your website should have: (1) conversion forms - level 1 and level 2 forms; (2) about us; (3) testimonials; (4) blog; (5) links to find you on social media outlets.  

I set up alerts on websites, social media, and also spread my information via word of mouth.

If the distribution exceeds the shareholder's stock basis, the excess amount is taxable as a long-term capital gain.S corporation distributions are not subject to FICA taxes (social security and Medicare taxes).Hopefully, @Brandon Hall will read this and inform us if taking money out is a taxable event.

This could be newspaper ads, bandit signs, direct mail, networking, websites, e-mail blasts, social media posts, etc., etc.... 

Are there any legal implications in not renewing a tenant's lease?

You pay regular taxes, including social security, like a job and there are not many tax breaks.2.

You pay regular taxes, including social security, like a job and there are not many tax breaks.2.

Also any state taxes that might be exempt from a 1031 exchange.Once you add all of that up you should have an idea of the tax implications if you do not complete a 1031 exchange instead.For instance if capital gains, depreciation recapture, and other taxes amount to 400k or 500k that is substantial.If you are talking only 10k or 20k in taxes then it might be better not to exchange and wait while not being under the time constraints of a 1031 to buy another property or if you want to just take the cash for other things.1031 exchanges usually costs about 1,000 or so per transaction but can go up if they get more complex.