[WSBARP] REET tax and change of cotnrolling interest

[Josh Grant]

Mom and dad own 48% (25% each) of an LLC with a $1,000,000 parcel of real estate. The kdis own the rest.
Mom and Dad gifted their 48% to the kids so now the kids each own 25% of the LLC each.
No sale all gifts.
Please confirm that the Controlling Interest Transfer, in this case where there is no sale.. is not triggered. 
Thanks
Joshua F. Grant

P. O. Box 619
Wilbur, WA 99185
509 647 5578
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