<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=us-ascii">
<meta name="Generator" content="Microsoft Word 15 (filtered medium)">
<style><!--
/* Font Definitions */
@font-face
{font-family:"MS Mincho";
panose-1:2 2 6 9 4 2 5 8 3 4;}
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
{font-family:"Aptos Display";}
@font-face
{font-family:Aptos;}
@font-face
{font-family:"Arial Narrow";
panose-1:2 11 6 6 2 2 2 3 2 4;}
@font-face
{font-family:"Brush Script MT";
panose-1:3 6 8 2 4 4 6 7 3 4;}
@font-face
{font-family:"Lucida Calligraphy";
panose-1:3 1 1 1 1 1 1 1 1 1;}
@font-face
{font-family:"ZapfEllipt BT";
panose-1:2 4 5 3 5 5 6 4 8 3;}
@font-face
{font-family:"\@MS Mincho";
panose-1:2 2 6 9 4 2 5 8 3 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
font-size:11.0pt;
font-family:"Aptos",sans-serif;}
span.EmailStyle22
{mso-style-type:personal-compose;}
.MsoChpDefault
{mso-style-type:export-only;
font-size:10.0pt;
mso-ligatures:none;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang="EN-US" link="#467886" vlink="#96607D" style="word-wrap:break-word">
<div class="WordSection1">
<div>
<p class="MsoNormal">Jenna:<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">Try WAC 458-61A-214(3) (Nominee). We just did this successfully in a similar situation.
<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><b><i><span style="font-size:16.0pt;font-family:"Brush Script MT";color:red;mso-fareast-language:JA">Allen R. Sakai</span></i></b><b><span style="font-size:10.0pt;font-family:"Arial Narrow",sans-serif;color:red;mso-fareast-language:JA"><o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:12.0pt;font-family:"Arial Narrow",sans-serif;mso-fareast-language:JA">Helsell Fetterman LLP<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:12.0pt;font-family:"Arial Narrow",sans-serif;mso-fareast-language:JA">Of Counsel<o:p></o:p></span></b></p>
<p class="MsoNormal"><b><span style="font-size:12.0pt;font-family:"Arial Narrow",sans-serif;mso-fareast-language:JA"><o:p> </o:p></span></b></p>
<p class="MsoNormal"><b><u><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:gray;mso-fareast-language:JA">Mailing Address</span></u></b><b><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:gray;mso-fareast-language:JA">:
<u>Bellevue Office</u>:<u><o:p></o:p></u></span></b></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:gray;mso-fareast-language:JA"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:gray;mso-fareast-language:JA">800 Fifth Avenue, Suite 3200 10900 NE 8<sup>th</sup> Street, Suite 1620</span><span style="font-size:12.0pt;font-family:"ZapfEllipt BT",serif;mso-fareast-language:JA"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:gray;mso-fareast-language:JA">Seattle, WA 98104 Bellevue, WA 98004<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"ZapfEllipt BT",serif;mso-fareast-language:JA"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:gray;mso-fareast-language:JA">Direct: 206.689.2162</span><span style="font-size:12.0pt;font-family:"ZapfEllipt BT",serif;mso-fareast-language:JA"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:gray;mso-fareast-language:JA">Fax: 206.340.0902<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:12.0pt;font-family:"ZapfEllipt BT",serif;mso-fareast-language:JA"><o:p> </o:p></span></p>
<p class="MsoNormal"><u><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:blue;mso-fareast-language:JA">asakai@helsell.com</span></u><span style="font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:JA">
<o:p></o:p></span></p>
<p class="MsoNormal"><u><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:blue;mso-fareast-language:JA"><a href="http://www.helsell.com/"><span style="color:#467886">www.helsell.com</span></a></span></u><span style="font-size:12.0pt;font-family:"Arial",sans-serif;color:gray;mso-fareast-language:JA"><o:p></o:p></span></p>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal"> <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><span style="font-family:"Calibri",sans-serif">From:</span></b><span style="font-family:"Calibri",sans-serif"> wsbarp-bounces@lists.wsbarppt.com <wsbarp-bounces@lists.wsbarppt.com>
<b>On Behalf Of </b>Jenna@prinzandbrozik.com<br>
<b>Sent:</b> Wednesday, November 20, 2024 5:17 PM<br>
<b>To:</b> WSBA Real Property Listserv <wsbarp@lists.wsbarppt.com><br>
<b>Subject:</b> [WSBARP] excise tax exemption</span><o:p></o:p></p>
</div>
</div>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal"><b><span style="font-size:12.0pt;color:red">[EXTERNAL MESSAGE]</span></b><o:p></o:p></p>
<p class="MsoNormal">I have client(s) that are quitclaiming property from an LLC owned solely by the wife (LLC#1) to an LLC owned by the husband and his brother. (LLC#2).
<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">Although the wife’s LLC bought the property, it was from funds given to her by the LLC owned by the husband and his brother.
<o:p></o:p></p>
<p class="MsoNormal">Not sure why property was titled in wife’s LLC at the time of purchase but it was.
<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">Now they want to transfer the property from LLC#1 to LLC#2 in a quitclaim deed which I am preparing. <o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">I don’t see any real estate tax exemption that applies. <o:p>
</o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">Does anyone have any suggestions?<o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal">Thanks, <o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
<p class="MsoNormal"><span style="font-family:"Lucida Calligraphy"">Jenna Brozik</span><o:p></o:p></p>
<p class="MsoNormal"><i><span style="font-family:"Aptos Display",sans-serif">Managing Attorney</span></i><o:p></o:p></p>
<p class="MsoNormal"><b><span style="font-family:"Aptos Display",sans-serif;color:#222222">PRINZ & BROZIK PLLC</span></b><span style="font-family:"Aptos Display",sans-serif;color:#222222"><br>
445 S. Grand Avenue<br>
Pullman, WA 99163<br>
509-338-0908 Telephone<br>
509-338-3527 Facsimile</span><o:p></o:p></p>
<p class="MsoNormal"> <o:p></o:p></p>
</div>
</body>
</html>