[WSBARP] REET

Wed Dec 11 11:20:17 PST 2019

Additional update from DOR for those who are interested…

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We have received several questions regarding 1) mobile homes and 2) non-classified agriculture land.  We’ like to address those questions:

Are mobile homes subject to the graduated REET tax structure?

Yes, mobile homes are subject to the graduated REET structure.  If the mobile home is being sold without land, the mobile home affidavit will be used. 

If the mobile home is being sold with land, the single location code affidavit would be used to calculate and report the REET tax for the transaction.  The mobile home REET affidavit would be included as supporting documentation. 

The Department will be updating and posting a revised mobile home REET affidavit by January 1, 2020. 

Does land used for agricultural purposes that is not classified as agriculture land per RCW 84.34.020 qualify for the preferential rate of 1.28%?

No, land used for agricultural purposes that is not classified as agriculture per RCW 84.34.020 does not qualify for the preferential rate of 1.28%.  It would be considered non-classified land for purposes of determining predominant use and calculating the tax due. 

___________________

Jennifer

Jennifer M. Johnson
Attorney / Title Officer
Wahkiakum Title & Escrow Company
P.O. Box 39 / 68 Main Street
Cathlamet, WA 98612
(360) 795-3741
(360) 795-3001 (f)
www.wahtitle.com

From: <wsbarp-bounces at lists.wsbarppt.com> on behalf of Doug Owens <dougowens at seattlerelawyer.com>
Reply-To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Date: Wednesday, December 11, 2019 at 10:32 AM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] REET

Dear Paul, alas the new form says at the bottom it should be printed on legal sized paper.  So we go on.  Yours truly, Doug Owens

On Dec 10, 2019, at 2:56 PM, Paul Neumiller <pneumiller at hotmail.com> wrote:

Does this mean there will be new REET forms?  And if yes, can someone please inform the powers-that-be that this is the 21stcentury and STOP using legal sized forms?!?!?  Jus’ saying.  

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From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Jennifer Johnson
Sent: Tuesday, December 10, 2019 2:48 PM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] REET

Thank you for that reminder.

Here is some additional info that DOR recently sent out:

The Department has posted the following forms to our website at dor.wa.gov/reet:

Single location REET affidavit – This will be used for transactions where all the property is in a single location code.

Multiple location REET affidavit – This will be used for transactions where the parcels are located in more than one location code.

ETA 3215 – This discusses how predominant use is determined for a transaction.

Predominant use spreadsheet – This can be used to help taxpayers determine the predominant use of the transaction using their specific details.

Tax calculator – This can be used to help taxpayer calculate the state tax due for the graduated REET tax structure.

Update on file upload testing:

Counties and their software providers have been testing their updates against a test environment.  The testing appears to be progressing.  If you have questions about this process, please let us know. 

Jennifer M. Johnson
Attorney / Title Officer
Wahkiakum Title & Escrow Company
P.O. Box 39 / 68 Main Street
Cathlamet, WA 98612
(360) 795-3741
(360) 795-3001 (f)
www.wahtitle.com

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From: <wsbarp-bounces at lists.wsbarppt.com> on behalf of <scott at scottgthomaslaw.com>
Reply-To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Date: Tuesday, December 10, 2019 at 2:06 PM
To: 'WSBA Real Property Listserv' <wsbarp at lists.wsbarppt.com>
Subject: [WSBARP] REET

Note that on January 1, 2020 the state will switch to a graduated tax scale.  This may have impacts for those responsible for paying this tax.  See RCW 82.45.060.

Scott G. Thomas

Thomas Law Group, P.S.

1204 Cleveland Ave.

Mount Vernon, WA  98273

Scott at ScottGThomasLaw.com

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