This is rather simplified but hypothetically, you would defer the taxes if the code allowed for this.James Storey, CCIM

The relationship is key because it saves money in the long run and simplifies our process by knowing who to contact and they understand our business.  

Am I thinking about that correctly and the examples are not including interest to simplify the example?

P.S. yes you are right I have excluded lots of additional costs to simplify the question.

And the borrower will be paying mortgage on the $154K loan going forward for 30 years.The numbers may be simplified here but hopefully this helps you understand how it flows using some values.

Simplify your life, hustle to make extra money, eat beans and rice, etc.

Data simplified is a reflection of human behavior and the external factors that are influencing it.

I have a follow up question as I have 3 young children of my own and I am always looking ahead... would it not be possible for the parents (investors) to just simply do the 1031 on their own to simplify taxes. 

And I have a mortgage for around 160k (little over 20% equity) Could someone please simplify the processes the easiest way possible.

@James Liess I'm not too familiar with NJ but I do run a Property Management Company called Simplified Management out of the Greater Boston MA.