my sister and i will be get three homes and a condo from the death of our mother via a trust. we each get a house as a "life tenant" or "lif...

Question

my sister and i will be get three homes and a condo from the death of our mother via a trust. we each get a house as a "life tenant" or "life estate" do we each report one house each and split 50/50 at tax time?

Answer

Your question is not clear. You need to hire and attorney to review all the documents and advise you.