Once the house sells it will be split between her and 3 other siblings.

The situation is this: My Grandfather passed about 20 years ago and left his estate to 4 children, uncle1, uncle2, aunt and my fatherThere are multiple properties/parcels (6 total) in the estate that are co-owned by the 4 siblings, all 4 names on the deeds.Uncle1 defaulted on his personal mortgageLien holder(bank) repo’d his home but home was underwater, and thus still owed beyond the repo.Lien holder found out about the shared/partner assets that uncle1 had with siblings and decided to go after themI'm not clear on the exact process, but I believe the bank will take possession of uncle1 (1/4) share in the partnership properties then will legally force the 4 way partnership to be dissolved through a court proceeding.The other partners or another investor are able to buyout the bank owned (1/4) share at an appraisal price.The appraisal is filed with the court so there are no shenanigans with valuationIf no buyout then the whole property goes to sheriff saleTwo of the parcels are rental income farmland, these are the ones I'd be interested in investing inNobody in my family nor my grandfather are/were farmers, the acreage has always been rented outI’m trying to determine whether I can buy out Uncle's1 share from the lien holder bank at the appraisal price with an IRA LLC and become the 4th partner?

I am currently 24 years old.Here’s a little information on my current property (primary residence):Purchase Price: $130,000.00 Mortgage Balance: $99,937.34 Market Value: $180,000.00Market Location: Spring Hill, Florida, USA (Tampa Bay Area)Of course, the best scenario would probably be to move back with my parents, but, truthfully, I do not want to move back with my parents and siblings; however, I would be debt free and generating income from my primary employment.I feel that the downsides to selling my home is that the market in my area (currently a seller’s market) is extremely hot and, by holding onto the property, there is a likelihood that the value of the property will eventually increase substantially over the next few years.If you were in my position, what would you do?

Four of my siblings and I want to buy a vacation home that we will use personally as well as rent out.All 5 of us will be on the title as owners.

My mom and siblings both lived in Nashville/Franklin for a few years and I got a chance to see how much change is going on down there. 

Ultimately if you don't sell and someone (family, friends, siblings, etc) inherits property, and they decide to sell later, they pay capital gains tax based only on the value of the property as of the date of death.

Hi @Bryan HancockI just read one of your older posts regarding apartment investing, went on your profile, and saw this post.My parents are divorced due to infidelity and have seen the effects on my parents, my siblings, and I.

There are no other siblings  or heirs to the property.

No, sibling is not a "disqualified person".

I'm looking at a property now that has been mis-managed by some adult siblings, who received the building after their parents' death several years ago.