This issue has been coming up more frequently in today's market. The concept involves selling real property and buying a bank loan (note) as the replacement property. It would seem that this would not qualify for 1031 exchange treatment on the surface, but there is a way to structure this so that it can qualify for tax deferred exchange treatment. Read our blog post here.
William L. Exeter
President and Chief Executive Officer
EXETER 1031 Exchange Services, LLC
A Qualified Intermediary (Accommodator) for 1031 Exchanges
EXETER Fiduciary Services, LLC
A Private Professional Fiduciary Services Company
http://www.exeter1031.comhttp://www.exeterdst.com