Re: Should the Rental Income Be Included for Distribution in Trust
Generally, any amount left over, after all expenses related to the house were paid, would go to the trust. A remaining balance would be distributed with other trust assets, unless the home were to be treated differently than other trust assets or was not part of the trust.
With enough thrust, pigs fly just fine.
You may believe that you understood what you think I said. I'm not sure you realize that what you heard is not what I meant.