[WSBARP] QCD recording, 1 step or 2 steps?
Mark Anderson
marka at mbaesq.com
Mon Jun 16 12:53:05 PDT 2025
When you gift the LLC interests to the trust, remember to file a controlling interest excise tax return. Because this is a gift and no consideration passes, it should still be tax-exempt.
Mark B. Anderson
ANDERSON LAW FIRM PLLC
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From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Bryce Dille
Sent: Sunday, June 15, 2025 6:29 PM
To: wsbarp at lists.wsbarppt.com
Cc: wsbarp at lists.wsbarppt.com
Subject: Re: [WSBARP] QCD recording, 1 step or 2 steps?
Why don’t you create an LLC transfer the property to LLC as a capital contribution no excise tax due and then gift the LLC interests to the trust by assignment it is a gif and if no debt no excise tax due if questions call
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On Jun 15, 2025, at 2:08 PM, Yuping Wang <yupwang at outlook.com<mailto:yupwang at outlook.com>> wrote:
Listmates, thanks in advance for the help.
A intends to gift the house to an irrevocable trust, and the trust will create an LLC and transfer the house to the LLC.
A can do 2 recordings, one for gift (458-61A-201(b)(1)), and the second for mere change of form (458-61A-211(2)(d)?).
My question is, can A do one recording to gift to the LLC directly? Any potential problems in this approach?
Thank you!
Yuping Wang
WYP Law PLLC
Seattle WA
Tel: 206 383 2826 (cell)
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Subject: WSBARP Digest, Vol 129, Issue 9
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1. Re: Commercial appraiser (Virginia Antipolo-Utt)
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Message: 1
Date: Sat, 14 Jun 2025 23:00:46 +0000
From: Virginia Antipolo-Utt <virginia at aplawfirm.com<mailto:virginia at aplawfirm.com>>
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com<mailto:wsbarp at lists.wsbarppt.com>>
Subject: Re: [WSBARP] Commercial appraiser
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<SJ0PR04MB777508D2ECBAC7111259E5C8CB76A at SJ0PR04MB7775.namprd04.prod.outlook.com<mailto:SJ0PR04MB777508D2ECBAC7111259E5C8CB76A at SJ0PR04MB7775.namprd04.prod.outlook.com>>
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Marc Therrien at the Therrien Company 425.821.2050 is great. Marc at therrienco.com<mailto:Marc at therrienco.com>.
Virginia C. Antipolo-Utt
Antipolo & Paul Law Firm, P.S.
2825 Colby Avenue, Suite 203
Everett, WA 98201
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From: wsbarp-bounces at lists.wsbarppt.com<mailto:wsbarp-bounces at lists.wsbarppt.com> <wsbarp-bounces at lists.wsbarppt.com<mailto:wsbarp-bounces at lists.wsbarppt.com>> On Behalf Of Craig Gourley
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To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com<mailto:wsbarp at lists.wsbarppt.com>>
Subject: [WSBARP] Commercial appraiser
Listmates, my client is in need of a commercial appraiser for a small office building in Lynnwood. Any suggestions? Thanks
GOURLEY LAW GROUP
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