I think you could split after sale for a non-taxable event, the total basis transferred in would be split across the two "new" properties.Calling @Dave Foster to give his insights here, lots going on in this one.

Hey Magda, as accountants on BiggerPockets, we're not allowed to self-promote (that's against the forum rules).

Several family members are not on great terms. 

I have a $115 loan at 2.25% on a 15 year note.

I even named them the #3 non-seasonal market in the US today in our BiggerStays weekly newsletter here based on numerous metrics.

I made and mailed all my yellow letters by hand to cut and save on costs.

I'm in the process of developing a property and will decide on an exit strategy when it's done. 

It represents the number of months it would take to sell all homes currently on the market at the current pace of sales.

Purchase price: $260,000 Cash invested: $26,000 Purchased home in 2019, debating on making it a long-term rental or selling.

I have listed my property on Zillow with rent of $2700 but I see that for 4 bedroom houses the section 8 gets closer to $4k from the government.