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Updated over 8 years ago, 04/18/2016

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Jack B.
  • Rental Property Investor
  • Seattle, WA
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1,888
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Washington State Real Estate Excise Tax exemptions?

Jack B.
  • Rental Property Investor
  • Seattle, WA
Posted

Has anyone read through the RCW to find the exemptions or otherwise found an article that lists the exemptions? From what I see foreclosure, transfer to family members under specific circumstances and transfers of "devise" are exempt. Since I wouldn't be selling to family or letting it get foreclosed on, none of those apply to me. But the devise one might, as I plan to 10-31 exchange the property.

I'd either 10-31 in state OR out of state. I suspect if I do it out of state there is no exemption, but I'm sure someone here has run into this before.

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