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?