I intend to form an LLC, and accomplish the entire endeavor jointly with my sibling, who lives in NC.

I suppose its possible it could end up with siblings, if there were no descendants or ancestors still alive.You need to consult with an attorney.

He stated that his parents passed and left him and his siblings ( unknown number. at this time) a property in a trust.

His take was that the IRS goofed by not including siblings as disqualified parties and uses QPQuo to make up for that error.

The S/A and Dodd-Frank are siblings.

House is sitting empty as siblings inherited it.

We are trying to settle an estate: 3 siblings want to hold a note for a 4th .Property is appraised at $360,0003 siblings will hold a 270,000 5% interest only note with a 5 year 270k balloon.Taxes on this property are now $,8,000 and insurance is $2400.We will escrow taxes and ins.Questions:What are the issues if any re the note we propose?

This person has been followed to their professional siblings homes to which they allowed them to stay at there million dollar water front estate homes "most/some of the time".

 ( I am the oldest of 5 and when I had my siblings move in with with me , they paid their freight , I wasnt supporting them . )  I would have no problem with him moving in , the sister will most likely make him tow the line .  

We currently live in his parents 2 family home with other siblings and I'm dying to move (but he doesn't want to rent)!!