[WSBARP] DOR and reverse 1031 exchanges.

[Craig Gourley]

Listmates.  DOR is once again out of their flipping minds.   We just argued in an audit of a reverse 1031 exchange and as expected lost because DOR is not required to use common sense or follow the law.  They are imposing a double excise tax on  a reverse exchange. Given my mood at the moment, I will stop here before I get into trouble.  Anyone interested in this latest garbage from the state please contact me off the listserve and I will provide you information.   This is a major problem because there are literally hundreds of millions of dollars in these  transactions that are now up for grabs by the State.



GOURLEY LAW GROUP
THE EXCHANGE CONNECTION
SNOHOMISH ESCROW
P.O. Box 1091
Snohomish, WA 98291
PH:  (360) 568-5065 (800) 291-8401
Fax: (360) 568-8092

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