Updated almost 6 years ago on .
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1031 exchange question
Can a 1031 exchange be invested into a less expensive property? ...or do you always have to buy bigger and better to make that work?
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@David Bittorf you do have to replace the equity and debt of your current property in an exchange. If you are looking at less expensive properties, you may want to consider DST (Delaware Statuary Trusts) for the remaining portion of your exchange. This might give you the flexibility you may be looking for.