Taxpayers grandparent died and had a life estate. The life estate granted Taxpayers aunt to farm the ground as long as she wanted, then the ground would go to the TP. TP is paying the aunt $15,000 (7500 in 2024 and 7500 in 2025) to give up her rights to farm so TP can take control of the property. Is the payment deductible to the TP for farm expenes (TP is farming the ground) and does a 1099 or other form need prepared to send to aunt?