The equity is not income to you until you have ownership. The IRS uses a doctrine called "constructive receipt":
Constructive receipt.
Income is constructively received when an amount is credited to your account or made available to you without restriction. You do not need to have possession of it. If you authorize someone to be your agent and receive income for you, you are considered to have received it when your agent receives it. Income is not constructively received if your control of its receipt is subject to substantial restrictions or limitations.
Publication 538 (01/2019), Accounting Periods and Methods
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