In June 2019 my brothers and I inherited a house when my mother passed away. Four brothers all together. It was vacant until 8/1/2020 when it became a rental property. On 9/17/2021, I bought out my three brothers. The inherited price of the house was 630K (June 2019), when I bought them out on 9/17/2021 the appraisal was 780K. Just trying to figure out how to report all this and if I can change the value of the house when I had to refinance it to buy out my brothers.
