The Act defines a broker is a person that provides certain services to another person for a fee, commission, or other consideration.

These two properties resides in two different states and the current plan is to have the local title companies that process the closing do the 1031 exchange for each property as well.I think it should be fine to define the same property for each exchange and roll them into a single purchase.Any feedback is appreciated.Thanks!

Thanks everyone ill definently try all what you guys ssid.

I have the same issues when I invest in equities and its been a shortfall that I've had to constantly work on through defining my investing process and sticking to that process so that I don't give that little greedy voice an opportunity to rear its head. 

What are the defined consequences?

And I would definately be willing to Live in the garage Chris.

Although not rocket science, it was definately something you could mess up.

So when you say financially free, are you defining that as cash-flow from RE covers expenses?

I think any new or potential agent should have some sort of business plan defining requirements for success.

The Co-owners have discussed the co-ownership of the Property and have concluded that to avoid conveyance and ownership problems created by death, bankruptcy or insolvency, disputes and the like, it is in the best interest of each Co-owner that the holding of the Property be governed by an agreement which defines the rights and obligations of each Co-owner in the form of this Agreement and in compliance with IRS Revenue Procedure 2002-22. see link to IRS site.