@Hal_Al Thank you very much for the answer. I worried about capital gain tax but no more now because selling price will be most likely to be less than the fair market value in 2020.
Could you please clarify "If that results in a loss (considering the expenses of sale), you are not allowed to claim the capital loss as a deduction, because it is personal use property (a relative lives in it)."? Because I expect there to be capital loss instead of gain.
