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Investors & landlords
Everything would be reported on her return. Someone told me that it would be a red flag to just drop the schedule E and it might require me to "gift" the property to her or report the change to the IRS. I'm still on the title for the property. I just want her to fully manage things and get to keep the full income on it. Is there any reporting requirement if I stop having an income interest in the property?
‎April 10, 2023
1:20 PM