ItsMyOption, I agree 100%
ALL ROADS (CASH/ASSETS) LEAD TO (DSTs) DELAWARE STATUTORY TRUSTs & Kostorus is KEY for Monies to Flow
WMILT has EVERYTHING to do with investors who signed timely releases by 3/2012 and cash/assets that have been designed in POR 6 to be left with Piers which by design was part Creditor and part Equity for the very purpose of collecting ALL of the assets left in Safe Harbor/Bankruptcy again, by design.
However, the Amended POR 7 signed on 2/23/2012 by the court changed ownership rights from POR 6 to investors who hold Markers now own the former Estate via their timely signed (3/2012) releases
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set forth in the Confirmation Order, the members of the Trust Advisory Board hereby designate William C. Kosturos in connection with the applicable provisions of the Delaware Statutory Trust Act, 12 Del. C. § 3801 et seq.
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When I Connect Dots: Kosturos is Linked to DSTs, WMIIC Dissolved, WaMu 1031 Exchange Dissolved, Delaware 1031 Exchange Opened, DSTs (Delaware Statutory Trusts) All Lead to Delaware - Check the following dots
www.kccllc.net/wamu/document/0812229181011000000000001
See note one
1 The Debtors in these chapter 11 cases along with the last four digits of each Debtor’s federal tax identification number are: (i) Washington Mutual, Inc. (3725); and (ii) WMI Investment Corp. (5395). The principal offices of WMILT, as defined herein, are located at 800 Fifth Avenue, Suite 4100, Seattle, Washington 98104. In accordance with terms and provisions of the Confirmation Order, WMI Investment Corp. has been dissolved.
• On 12/8/2017 there were several filings including a California WaMu 1031 Exchange dissolved, a Delaware 1031 Exchange opened
• On 1/18/2018 WMIIC is dissolved, then on 2/13/2018 WMIH announces merger with NSM
• On 7/31/2018 WMIH closed merger with NSM
• "The Delaware statutory trust described above is an investment trust, under § 301.7701-4(c), that will be classified as a trust for federal tax purposes."[8][9]
"[M]ay a taxpayer exchange real property for an interest in a Delaware statutory trust without recognition of gain or loss under § 1031 of the Internal Revenue Code?"[8][9]
"A taxpayer may exchange real property for an interest in the Delaware statutory trust described above without recognition of gain or loss under § 1031, if the other requirements of § 1031 are satisfied."[8][9]
What was exchanged?
set forth in the Confirmation Order, the members of the Trust Advisory Board hereby designate William C. Kosturos in connection with the applicable provisions of the Delaware Statutory Trust Act, 12 Del. C. § 3801 et seq.
www.kccllc.net/wamu/document/0812229180831000000000001
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