Can my sibling get credit for buying out other siblings? | NC

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Q: Can my sibling get credit for buying out other siblings before the property is sold? A: Usually, no — not as a separate extra payment. If your sibling bought valid ownership interests from other siblings before the sale, that usually just means your sibling owns a larger share and gets a larger share of the sale proceeds. The amount paid for those buyouts is usually not reimbursed again from…