Why not give the property to the one person best able to handle it, and then other assets to other folks to equalize as desired, or alternatively simply sell the property at death where there will be no gain and split the proceeds.

For majority of people, it WILL NOT offset the capital gain.

Don't put a penny into it so you minimize the gains.

"High tax" or Capital Gains tax if you sell it in that timeframe.

Bought for $380K in November 2018, but didn't live in it long enough to avoid capital gains taxes if I sold it.

I am currently trying to learn numbers and find properties to gain knowledge with.

Don't know if there are any of you out there but we are looking to connect with a lawyer and accountant in PA to gain some knowledge in starting our LLC in PA for beginning our BRRRR portfolio! 

I just don't have anywhere in CT to put that money (trying to lean more into buy-and-hold vs. flips in my LT strategy), so I'll be sitting on it until I have to pay capital gains otherwise.

Also, if we were to sell one of the homes, a way to ensure that any cap gain is split equally.

It sounds like an easier way to gain some capital out of the situation and let someone with the local knowledge and team take advantage of the deal, instead of creating a messy partnership with family, and spending more capital on a difficult deal in an unknown market?