My sister and I play couch coop on her world, at approximately 3:00am central time on Wednesday July 16th, we saved and quit for the night and everything was fine. I was in my bunker with my armor on. I got on this morning and when I got on I was at the spawn point, not my character without armor. So I went home and my animals no longer belong to me. So I looked at suggestions someone said go to a previously copied world and just recopy it, you'll have to go back to that last copy but its better than nothing. So we had a previous saved copy from a week ago, I popped into that world and its the same problem, im at the spawn point with nothing of mine and my animals are not mine.
This issue is being tracked at MCPE-55815.