Regarding 1031 exchanges, which of these statements regarding debt load in an exchanged property is true? Unset starred question The 1031 exchange doesn't address debt load. The debt load for the new 1031 property must be at least 10% more than the debt load for the previous property. The debt load for the new property must be equal to or greater than the debt load for the previous property, or the difference may be taxable. The debt load for the new property must be less than the debt load for the previous property.