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<p class="MsoNormal"><span style="color:#1F497D">Jennifer:<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(5). <o:p>
</o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><b><i><span style="font-size:16.0pt;font-family:"Brush Script MT";color:red">Allen R. Sakai</span></i></b><span style="font-size:16.0pt;font-family:"Brush Script MT";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Attorney at Law</span></b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Jeppesen Gray Sakai P.S.</span></b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">10655 N.E. 4th Street, Suite 801</span></b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Bellevue, WA 98004-5044</span></b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D"> <o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Phone: 425-454-2344</span></b><span style="font-size:14.0pt;font-family:"Arial","sans-serif";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">Fax: 425-646-8889</span></b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D"><a href="mailto:asakai@jgslaw.com" title="blocked::mailto:asakai@jgslaw.com"><span style="color:blue">asakai@jgslaw.com</span></a></span></b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D"><a href="http://www.jgslaw.com/" title="blocked::http://www.jgslaw.com/"><span style="color:blue">www.jgslaw.com</span></a></span></b><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:#1F497D"> </span><span style="font-size:12.0pt;font-family:"Times New Roman","serif";color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:10.0pt;font-family:"Arial","sans-serif";color:#1F497D">This communication is intended for the sole use of the individual and entity to whom it is addressed, and may contain information that is privileged, confidential
and exempt from disclosure under applicable law. You are hereby notified that any dissemination, distribution or duplication of this communication by someone other than the intended addressee or its designated agent is strictly prohibited. If you have received
this communication in error, please notify this firm immediately by collect call to (425)-454-2344, or by reply to this communication.</span><span style="font-size:10.0pt;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>
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<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>Jennifer Modak<br>
<b>Sent:</b> Thursday, December 12, 2019 2:51 PM<br>
<b>To:</b> wsbarp@lists.wsbarppt.com<br>
<b>Subject:</b> [External Email][WSBARP] LLC Transfer<o:p></o:p></span></p>
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<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">Hello All, <o:p></o:p></p>
<p class="MsoNormal">I got a very helpful response to my last query. Thank you. <o:p>
</o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">I am pondering a transfer of real property (cabin) owned by Husband and Wife into an LLC held by Husband and Wife and their two children. I am trying to parse out how to minimize excise transfer tax, such as transferring 49% the first year,
49% the second year, and 2% the final year. Any insight would be very helpful. <o:p>
</o:p></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman","serif"">Jennifer M. Modak<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman","serif"">Attorney at Law<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman","serif"">Law Office of Jennifer Modak, PLLC<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman","serif"">19125 North Creek Parkway, Suite 120<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman","serif"">Bothell, WA 98011<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-family:"Times New Roman","serif"">206-747-0477<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">The contents of this message are intended solely for the persons to whom this message is addressed and may be protected from disclosure or dissemination by the attorney-client privilege or other guarantee
of confidentiality. If you have received this message in error please notify the sender at
<a href="mailto:jennifer@modaklaw.com">jennifer@modaklaw.com</a> and destroy all copies.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt">If this message contains advice relating to Federal taxes, it is not intended or written to be used, and, it cannot be used for the purpose of avoiding penalties that may be imposed under Federal tax law.
We understand that a taxpayer may rely on professional advice to avoid Federal tax penalties only if that advice is reflected in a comprehensive tax opinion that conforms to the requirements under Federal law. If you have any questions, please call us if you
would like to discuss our preparation of an opinion that is consistent with these new rules. More information concerning this statement can be found at the Internal Revenue Service Website
<a href="http://www.irs.gov/">www.irs.gov</a>. Please look for "Circular 230".<o:p></o:p></span></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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