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.

If you were looking at a 20-unit commercial property you might look at a much more extensive round of documents, but for a 1-4 unit you're still in the residential world and the open market tends to simplify the sale process for 1-4 units.  

Here's a simplified version of a process that I have used somewhat and hope to continue with.

I am looking to start mailing out to specific areas/owners that may be more interested in my offers, but trying to simplify it as much as possible.

Typically, it’s set at one months rent, in order to simplify collecting one month of unpaid rent.

a good startup lawyer will usually charge a flat rate for your first year you don't need to partner with a lawyer a retainer agreement should not cost over $5k for the first year of organizational expenses. after your first year, investors should be handled with an online portal like https://carta.com/ to manage your Cap tables and simplify your back office work