Thanks Rick for your response. We have done more than a few 1031 Exchanges and use a registered representative for our DST purchases, who helps guide us. And always use a Qualified Intermediary. So we have no worries about our exchange qualifying for the deferred capital gains tax treatment.
This was just the first time that I have paid attention to the liabilities on the balance sheet at the closing, only because the DST sponsor for the relinquished property did not provide a balance sheet but did provide just that one number, our portion of the liabilities at closing.
Thanks again, Think57
