If the declaration of trust permits the trustee to distribute assets in kind and there are sufficient assets in the trust such that distributions could be equalized with one sibling receiving the 4 plex and other siblings receiving other assets that may work.

I think this may need to be declared within the trust and as you mentioned yours is irrevocable, it may no longer be an option.

As far as actually making deductions, this is something you simply declare.

After reading the section 754, it just says that to claim the step up basis for an LLC, you need to declare it with the LLC partnership tax return that year...

4) Applicants over 18 - what about full-time college students still being declared as dependents on parents' tax returns?

@Mason Bell I would be more specific to avoid the possibility that the agreement could be avoided or declared unenforceable due to vagueness.

I'm not able to obtain a copy of the insurance policy from the lender, the only thing they'll send shows a declaration page of the limit of coverage of $248,000.

Full documentation. 1.Purchase contract, your new fire insurance declarations page, and preliminary title report.  2.Past two years IRS returns 2022 2023 the net income after expenses, with paychecks past 30 days or profit and or loss 2024 year to date3. your bank statements for 2 months showing you have the down payment in your name, 4.

In my experience, we/he/she makes entry, nobody is there, constable "declares" possession to be mine, I change the locks, we part ways...Not sure in GA, but usually the personal belongings are still the former tenant's. 

Happy to connect with anyone getting started in Airbnb's or Rental ArbitrageFirst, congratulations on whatever success you've had.That said, doesn't it seem kind of presumptuous to you to declare yourself a "real estate coach" when you have only 3 years of real estate experience, and less than 1 actually owning anything yourself?