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</o:shapelayout></xml><![endif]--></head><body bgcolor=white lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'>Of course. You did it for a client. This is actually for myself. Maybe we need your services.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'><o:p> </o:p></span></p><div><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'>James R. Doran<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'>Attorney at Law<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;color:#1F497D'>100 E. Pine Street – Suite 205<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;color:#1F497D'>Bellingham, WA 98225<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;color:#1F497D'>(360)393-9506<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;color:#1F497D'><a href="mailto:jim@doranlegal.com"><span style='color:#0563C1'>jim@doranlegal.com</span></a><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;color:#1F497D'>www.doranlegal.com<o:p></o:p></span></p></div><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b>From:</b> wsbarp-bounces@lists.wsbarppt.com [mailto:wsbarp-bounces@lists.wsbarppt.com] <b>On Behalf Of </b>Bryce Dille<br><b>Sent:</b> Monday, April 20, 2015 7:53 PM<br><b>To:</b> wsbarp@lists.wsbarppt.com<br><b>Subject:</b> Re: [WSBARP] 1031 Exchange and Like Kind Property<o:p></o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><div id="BB10_response_div"><p class=MsoNormal style='background:white'><span style='color:#1F497D'>I have acted as Facilitator on the ones I have done.</span><span style='font-size:12.0pt;color:#1F497D'><o:p></o:p></span></p></div><div id="response_div_spacer"><p class=MsoNormal style='background:white'><span style='color:#1F497D'><o:p> </o:p></span></p></div><div id="_signaturePlaceholder"><p class=MsoNormal style='background:white'><span style='color:#1F497D'>Sent from my BlackBerry 10 smartphone on the Verizon Wireless 4G LTE network.<o:p></o:p></span></p></div><table class=MsoNormalTable border=0 cellspacing=3 cellpadding=0 width="100%" style='width:100.0%;background:white;border-spacing:0px'><tr><td style='padding:.75pt .75pt .75pt .75pt;font-size:initial;text-align:initial' id="_persistentHeaderContainer"><div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in' id="_persistentHeader"><div><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>From: </span></b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>Jim Doran<o:p></o:p></span></p></div><div><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>Sent: </span></b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>Monday, April 20, 2015 6:45 PM<o:p></o:p></span></p></div><div><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>To: </span></b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>'WSBA Real Property Listserv'<o:p></o:p></span></p></div><div><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>Reply To: </span></b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>WSBA Real Property Listserv<o:p></o:p></span></p></div><div><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>Cc: </span></b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>Lloyd McGee<o:p></o:p></span></p></div><div><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>Subject: </span></b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>Re: [WSBARP] 1031 Exchange and Like Kind Property<o:p></o:p></span></p></div></div></td></tr></table><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'><o:p> </o:p></span></p><div id="_originalContent"><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'>Ok. The timber gets cut under a contract to buy it, so I guess that means it is sold as real estate, right. </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'>Who do you use as the 1031 faciltator?</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'> </span><o:p></o:p></p><div><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'>James R. Doran</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'>Attorney at Law</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;color:#1F497D'>100 E. Pine Street – Suite 205</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;color:#1F497D'>Bellingham, WA 98225</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;color:#1F497D'>(360)393-9506</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;color:#1F497D'><a href="mailto:jim@doranlegal.com">jim@doranlegal.com</a></span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;color:#1F497D'><a href="http://www.doranlegal.com">www.doranlegal.com</a></span><o:p></o:p></p></div><p class=MsoNormal><span style='font-size:12.0pt;color:#1F497D'> </span><o:p></o:p></p><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b>From:</b> <a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a> [<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">mailto:wsbarp-bounces@lists.wsbarppt.com</a>] <b>On Behalf Of </b>Bryce Dille<br><b>Sent:</b> Monday, April 20, 2015 5:21 PM<br><b>To:</b> WSBA Real Property Listserv<br><b>Subject:</b> Re: [WSBARP] 1031 Exchange and Like Kind Property<o:p></o:p></p></div></div><p class=MsoNormal> <o:p></o:p></p><p class=MsoNormal><span style='color:#1F497D'>The sale of standing timber is considered as real estate see WAC 458-61A-113 since it is subject to the real estate excise tax. I have done several of these types of 1031s and never questioned as long as timber is still in the ground when sold.</span><o:p></o:p></p><p class=MsoNormal><span style='color:#1F497D'> </span><o:p></o:p></p><div><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D'>This transmission contains confidential attorney-client communications and may not be disclosed to any person but the intended recipient(s). If this matter is transmitted to you in error, please notify the sender immediately.</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D'>Bryce H. Dille </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D'>Campbell, Dille, Barnett & Smith, PLLC</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D'>P.O. Box 488</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D'>Puyallup, WA 98371</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D'>Voice: 253.848.3513</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D'>Fax: 253.845.4941</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D'><a href="mailto:bryced@cdb-law.com"><span style='color:blue'>bryced@cdb-law.com</span></a></span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial",sans-serif;color:#1F497D'> </span><o:p></o:p></p><p class=MsoNormal><span style='color:#1F497D'>Business Entity Creation and Management</span><o:p></o:p></p><p class=MsoNormal><span style='color:#1F497D'>Business, Government and Tax Law</span><o:p></o:p></p><p class=MsoNormal><span style='color:#1F497D'>Real Estate and Land Use, Residential, Commercial and Condominium Development</span><o:p></o:p></p><p class=MsoNormal><span style='color:#1F497D'>Real Estate and Commercial Transactions & Closings, Including Performing Services as IRS Section 1031 Exchange Facilitator</span><o:p></o:p></p><p class=MsoNormal><span style='color:#1F497D'>Estate Planning, including Wills and Trusts, and Probate Administration</span><o:p></o:p></p><p class=MsoNormal><span style='color:#1F497D'>Representation Homeowners/Condominium Association Real Estate Developments</span><o:p></o:p></p><p class=MsoNormal><span style='color:#1F497D'>Real Property Foreclosures and Forfeitures</span><o:p></o:p></p></div><p class=MsoNormal><span style='color:#1F497D'> </span><o:p></o:p></p><div><div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma",sans-serif'> <a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a> [<a href="mailto:wsbarp-bounces@lists.wsbarppt.com">mailto:wsbarp-bounces@lists.wsbarppt.com</a>] <b>On Behalf Of </b>Jim Doran<br><b>Sent:</b> Monday, April 20, 2015 4:10 PM<br><b>To:</b> 'WSBA Real Property Listserv'<br><b>Subject:</b> [WSBARP] 1031 Exchange and Like Kind Property</span><o:p></o:p></p></div></div><p class=MsoNormal> <o:p></o:p></p><p class=MsoNormal><span style='font-size:12.0pt'>Here is the line from the IRS information website that I think clearly denies the use of a 1031 Exchange to a the situation where the owner of real property with timber on it sells the timber and then wants to use the proceeds from the timber sale to buy more real estate. The trees are personal property, are they not?</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:12.0pt'> </span><o:p></o:p></p><p class=MsoNormal>“Real property and personal property can both qualify as exchange properties under Section 1031; but real property can never be like-kind to personal property.” <span style='font-size:12.0pt'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:12.0pt'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-size:12.0pt'>James R. Doran</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:12.0pt'>Attorney at Law</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt'>100 E. Pine Street – Suite 205</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt'>Bellingham, WA 98225</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt'>(360)393-9506</span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt'><a href="mailto:jim@doranlegal.com">jim@doranlegal.com</a></span><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt'><a href="http://www.doranlegal.com">www.doranlegal.com</a></span><o:p></o:p></p><p class=MsoNormal> <o:p></o:p></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif'><br><br><o:p></o:p></span></p></div></div></body></html>