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Subject Expert
The best strategy is usually to just liquidate and distribute. You should get a statement of value from the date of inheritance, and then you only pay gains on whatever happens from there to date of sale.
If siblings don’t agree on the desired outcome, it’s going to be hell to make anything happen. Cut ties, distribute the money, and move on.
Glad to talk more if you want.
A lot going on here. When you say “inherited in our own names” do you mean you were willed the property individually or it was actually you on the deed at your parents DoD, this matters for tax step up purposes? As far as properties in the LLC, you would inherit LLC units and there maybe estate tax consequences down the road that merit keeping that structure in place. If you and your siblings aren’t going to get along, it is probably worth liquidating and redeploying.