Those who are builders

Quote from @Michele Fischer: Agree, this is to be expected.If they left belongings, research the law in your area about storing them and try to get them to agree that you can dispose of the items.Stop trying to enforce the lease, you likely won't get any further compensation. 

I live in East Louisville, KY (40245) and within 5-6 miles of my current house there are at least 4 brand new (started in 2020-present) single family home communities that have been constructed by builders like Fischer Homes, Ball Homes, Pulte, etc.

@Ryan Moore Corporate law is the short answer.But @Carl Fischer brings up a good point.

Originally posted by @Carl Fischer:@Mike S.Yes-If the grantor is the beneficiary.  

Thank you @Michele Fischer !

@Michele Fischer  I say that lovingly.. my wife is from Puget Island/Cathlamet  and sold RE in Longview for better part of 15 years.. and that's what she calls it..

Welcome Leo - my hubby is from San Antonio, his mother and younger sister still live there and the older sister is in Fischer . . . after moving there from Seguin (teaches at U of T San Marcos).Love the Schlliterbaun!! 

@Carl Fischer@Dmitriy Fomichenko

Because you have no tax basis in the unrealized gain (i.e. the appreciation), it should not be on the tax basis balance sheet.If you want the balance sheet to reflect FMV and be close to GAAP, as @Carl Fischer is getting at:Debit Building adjustment account      50,000    (asset)Credit Unrealized gain/loss                    50,000    (revenue)