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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><span style='color:#1F497D'>Robert:<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Look at WAC 458-61A-211(2)(b).<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><b><span style='font-size:12.0pt;font-family:"Calibri Light",sans-serif;color:#A50021'>Kathryn R. McKinley<o:p></o:p></span></b></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Calibri Light",sans-serif'>Partner</span><span style='font-size:14.0pt;font-family:"Monotype Corsiva"'><br></span><span style='font-size:10.0pt;font-family:"Arial",sans-serif'><img width=214 height=29 id="Picture_x0020_1" src="cid:image001.jpg@01D1B5C5.89468520" alt=PHEmailLogo></span><span style='font-size:12.0pt;font-family:"Times New Roman",serif'><br></span><span style='font-size:10.0pt;font-family:"Calibri Light",sans-serif'>717 W. Sprague Ave. Suite 1200<br>Spokane, WA 99201<br>(509) 455-6000</span><span style='font-size:14.0pt;font-family:"Monotype Corsiva"'><br></span><span style='font-size:10.0pt;font-family:"Arial",sans-serif'><a href="mailto:cindy.bryan@painehamblen.com">kathryn.mckinley@painehamblen.com</a></span><span style='font-size:12.0pt;font-family:"Monotype Corsiva"'><o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='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>Robert S Schuck<br><b>Sent:</b> Tuesday, May 24, 2016 1:50 PM<br><b>To:</b> WSBA Real Property Listserv<br><b>Subject:</b> [WSBARP] question on two brothers dividing real estate<o:p></o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>I have a question on two PC, brothers wishing to divide some 8 parcels they own together either as tenants in common or jointly owned LLC’s. They have a agreement as to who gets what parcels, just would like to avoid paying excise tax. A gift is on avenue but may have tax implications and then there is the possibility of WAC 458-61A-204 ? Perhaps the LLC’s could be dissolved and then the two brothers would own as tenants in common. Any thoughts or experience?<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-size:10.0pt;font-family:"Arial",sans-serif'>Robert S. Schuck<br>Kennedy,Schuck & Miller, PLLC<br>1520 140th NE, Suite 200<br>Bellevue, WA 98005<br>(425)451-3760 (telephone)<br>(425)451-3878 (facsimile)<br><a href="mailto:rsschuck@ksmlawfirm.com"><span style='color:blue'>rsschuck@ksmlawfirm.com</span></a> <o:p></o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><span style='font-size:10.0pt;font-family:"Arial",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><i><span style='font-size:10.0pt'>This correspondence is covered by the Electronic Communications Privacy Act, 18 U.S.C. 2510-2521, and may contain confidential information protected by Attorney-Client privilege. If you are not a person for whom this message was intended, please delete it from your system immediately, refrain from copying or forwarding any part of the message, and kindly notify me at (425) 451-3760 or at </span></i><a href="mailto:rsschuck@qwest0ffice.net" title="blocked::mailto:rsschuck@kshmlaw.com"><i><span style='color:blue'>rsschuck@ksmlawfirm.com</span></i></a><i><span style='font-size:10.0pt'> Thank you.</span></i><o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><i><span style='font-size:12.0pt;font-family:"Times New Roman",serif'> </span></i><span style='font-size:12.0pt;font-family:"Times New Roman",serif'><o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>