Robert R. Rowley PS

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No Excise Tax Due on Real Estate Wholesaler Assignments

When a Washington State wholesaler sells their buyer’s interest in a real estate sale agreement involving Washington State real property there is usually no excise tax due on the consideration. Generally, excise tax is due on the transfer of all Washington State real estate transfers. WAC 458-61A-100. In real estate wholesaling, a wholesaler contracts a […]

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Wholesaling Real Estate Contracts in Washington State May Require Being Licensed As A Real Estate Broker (RCW 18.85)

Wholesaling Real Estate Contracts in Washington State May Require Being Licensed As A Real Estate Broker (RCW 18.85)

In 2010, the Washington State Department of Licensing (“DOL”) issued a ‘guidance’ stating there are situations where an individual or business who engages in ‘wholesaling’ of a real estate purchase contract may be required to be licensed as a real estate broker under Chapters 18.85, 18.86.030, and 18.235 RCW. As this is merely a ‘guidance’, […]

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Action or Study: City of Spokane Tenants, Landlords Split

Action or study: Tenants, landlords split (Spokesman Review 12/8/19) HOUSING City Council’s ordinance delay heats up simmering dispute By Adam Shanks THE SPOKESMAN-REVIEW Deb Ost expected to sign a new lease on the duplex she had already lived in for seven years in June. Instead, she received a 20-day notice to vacate. She was never given […]

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Spokane Real Estate

Spokane | Spokane has highest inbound home shoppers in the country, study shows https://www.newsbreakapp.com/n/0NMTqwv9?s=a99&pd=01VNGbae

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Income Has Been Rising In Spokane

(Spokesman Review, Oct 27, 2019) Income has been rising in Spokane City outpaces state, country in past five years A few weeks back, the Census Bureau released some new estimates of incomes by ZIP code that showed Spokane continues to have some of the poorest neighborhoods in the state. But those numbers, the subject of […]

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When a Sublet Scam Wipes Out Your Starting-Out Cash – The Wall Street Journal.

When a Sublet Scam Wipes Out Your Starting-Out Cash https://www.wsj.com/articles/when-a-sublet-scam-wipes-out-your-starting-out-cash-11568280605

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Removal Of Squatters By Declaration: RCW 9A.52.105

RCW 9A.52.105Removal of unauthorized persons—Declaration—Liability—Rights.(1) Subject to subsections (2) and (3) of this section and upon the receipt of a declaration signed under penalty of perjury, in the form prescribed in RCW 9A.52.115, declaring the truth of all of the required elements set forth in subsection (4) of this section, a peace officer shall have […]

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Do You Know Who You Are Calling? | Realtor Magazine

As a real estate professional, you’re constantly looking to grow your business. While picking up the phone to call potential clients and solicit new business may seem outdated in today’s digitized world, the reality is that the telephone still plays an important role in marketing. In fact, using your phone to send text messages to […]

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Washington State: Obesity Is a Disability. What Employers Need to Know

Source: Washington: Obesity Is a Disability. What Employers Need to Know – FindLaw

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Oregon Becomes First State to Ditch Single-Family Zoning (7/1/19)

And while the HB 2001 legislation in Oregon will allow for the construction of more housing within cities, it does nothing to peel back the state’s strict urban growth boundaries, which prevent residential development on the urban periphery. A January report from the Cascade Policy Institute, a free market think tank, found that these urban […]

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