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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>I’m not sure but will ask. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Marc Holmes<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Holmes Law Group PLLC<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>2303 W. Commodore Way, # 306<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Seattle WA 98199<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><a href="http://holmeslawgroup.com/">HolmesLawGroup.com</a><span style='color:#1F497D'><o:p></o:p></span></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><a href="mailto:marc@holmeslawgroup.com">marc@holmeslawgroup.com</a><span style='color:#1F497D'><o:p></o:p></span></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Ofc: 206-357-4224<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Cell: 206-849-0853<o:p></o:p></span></p></div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></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"'> wsbarp-bounces@lists.wsbarppt.com [mailto:wsbarp-bounces@lists.wsbarppt.com] <b>On Behalf Of </b>Bryce Dille<br><b>Sent:</b> Tuesday, September 19, 2017 10:17 AM<br><b>To:</b> WSBA Real Property Listserv<br><b>Subject:</b> Re: [WSBARP] 1031 Exchange question re: identifying replacement property<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='color:#1F497D'>When the first offer was made did the exchanger send the written offer to the facilitator advising the facilitator that this was a property that could be a replacement property?<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><div><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="98%" style='width:98.46%'><tr style='height:135.9pt'><td width="85%" valign=top style='width:85.18%;padding:0in 7.5pt 0in 0in;height:135.9pt'><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=534 style='width:400.7pt'><tr style='height:1.45in'><td width="97%" valign=top style='width:97.7%;padding:0in 7.5pt 0in 0in;height:1.45in'><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><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width="100%" style='width:100.0%'><tr><td valign=top style='padding:0in 7.5pt 0in 0in'><p class=MsoNormal><span style='color:#1F497D'><img border=0 width=141 height=120 id="Picture_x0020_1" src="cid:image001.jpg@01D33133.9DE43C30" alt="cid:image001.jpg@01D1AB8F.1C8227E0"></span><span style='font-size:12.0pt;font-family:"Times New Roman","serif";color:#1F497D'><o:p></o:p></span></p></td><td valign=top style='padding:0in 0in 0in 7.5pt'><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=217 style='width:162.75pt'><tr><td width="100%" colspan=3 valign=top style='width:100.0%;padding:0in 0in 0in 0in'><p class=MsoNormal><b><span style='font-family:"Segoe UI","sans-serif";color:#17365D'>Bryce H. Dille</span></b><span style='font-size:10.0pt;font-family:"Segoe UI","sans-serif";color:#17365D'> </span><span style='font-size:7.5pt;font-family:"Segoe UI","sans-serif";color:#B9B9B9'>|</span><span style='font-size:10.0pt;font-family:"Segoe UI","sans-serif";color:#424242'> Attorney at Law</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif";color:#1F497D'><o:p></o:p></span></p></td></tr><tr style='height:37.5pt'><td width="100%" colspan=3 style='width:100.0%;padding:3.0pt 0in 0in 0in;height:37.5pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Segoe UI","sans-serif";color:#424242'>P: 253.848.3513</span><span style='font-size:7.5pt;font-family:"Segoe UI","sans-serif";color:#B9B9B9'>|</span><span style='font-size:10.0pt;font-family:"Segoe UI","sans-serif";color:#424242'> F: 253.845.4941<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Segoe UI","sans-serif";color:#424242'>317 South Meridian<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Segoe UI","sans-serif";color:#424242'>Puyallup, WA 98371<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Segoe UI","sans-serif";color:#1F497D'><a href="mailto:bryced@cdb-law.com">bryced@cdb-law.com</a></span><u><span style='color:blue'><o:p></o:p></span></u></p><p class=MsoNormal><span style='color:#1F497D'><a href="http://www.cdb-law.com/"><span style='font-size:10.0pt;font-family:"Segoe UI","sans-serif";color:#FF9900'>www.cdb-law.com</span></a></span><span style='font-size:12.0pt;font-family:"Times New Roman","serif";color:#1F497D'><o:p></o:p></span></p></td></tr><tr><td width="100%" nowrap colspan=3 style='width:100.0%;padding:3.0pt 0in 11.25pt 0in'></td></tr><tr><td style='padding:0in 0in 0in 0in'></td><td style='padding:0in 0in 0in 0in'></td><td width="39%" style='width:39.32%;padding:0in 0in 0in 0in'></td></tr></table></td></tr></table><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:9.0pt;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><span style='color:#1F497D'><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'>Business Entity Creation and Management<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Business, Government and Tax Law<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Real Estate and Land Use, Residential, Commercial and Condominium Development<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Real Estate and Commercial Transactions & Closings, Including Performing Services as IRS Section 1031 Exchange Facilitator<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Estate Planning, including Wills and Trusts, and Probate Administration<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Representation Homeowners/Condominium Association Real Estate Developments<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Real Property Foreclosures and Forfeitures<o:p></o:p></span></p></td><td width="2%" valign=top style='width:2.3%;padding:0in 0in 0in 7.5pt;height:1.45in'><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p></td></tr></table></td><td width="2%" valign=top style='width:2.4%;padding:0in 0in 0in 7.5pt;height:135.9pt'><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></p></td><td width="12%" valign=top style='width:12.42%;padding:0in 11.25pt 0in 48.0pt;height:135.9pt'></td></tr></table><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><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><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><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><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><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><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><p class=MsoNormal><span style='color:#1F497D'> <o:p></o:p></span></p></div><p class=MsoNormal><span style='color:#1F497D'><o:p> </o:p></span></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>Marc Holmes<br><b>Sent:</b> Tuesday, September 19, 2017 10:09 AM<br><b>To:</b> 'WSBA Real Property Listserv'; <a href="mailto:wsbarp-bounces@lists.wsbarppt.com">wsbarp-bounces@lists.wsbarppt.com</a><br><b>Subject:</b> [WSBARP] 1031 Exchange question re: identifying replacement property<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Short version: Is an offer to purchase sufficient identification of a replacement property for purposes of a 1031 exchange?<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Client made an offer on a house contingent upon the sale of vacant land intending to do a 1031 exchange. Seller wouldn’t come down in price so it went nowhere. The land sale subsequently closed and proceeds were received by a 1031 facilitator. Later, client made a second offer on the property but again seller wouldn’t budge.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Fast forward to today and seller is willing to accept client’s offer but the 45 day period expired last Friday without client submitting anything formal to the 1031 facilitator to identify this or any other replacement property. <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Facilitator is still holding the funds from the land sale and an employee thereof suggested back dating a new offer on the property to last Friday. That seems unethical or worse so I’m wondering if there’s another way.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Marc Holmes<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Holmes Law Group PLLC<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>2303 W. Commodore Way, # 306<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Seattle WA 98199<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><a href="http://holmeslawgroup.com/">HolmesLawGroup.com</a><span style='color:#1F497D'><o:p></o:p></span></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><a href="mailto:marc@holmeslawgroup.com">marc@holmeslawgroup.com</a><span style='color:#1F497D'><o:p></o:p></span></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Ofc: 206-357-4224<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'>Cell: 206-849-0853<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>