Delaware Statutory Trust: A Viable Alternative to Debt Replacement

The view looking straight up into the sky on a sunny day between multiple skyrises.

It’s a tale as old as time among real estate investors. Even after dotting all the i’s and crossing all the t’s and adhering to the multiple requirements of a 1031 exchange, more than one transaction has nevertheless been tripped up at the finish line by the belated discovery of a mortgage or other form of debt on the replacement property.

Value of a 1031 exchange