Investors & landlords

Be aware that, if you sell the property to a family member at a price below its fair market value, you will have given them a "gift of equity", which may require you to file a gift tax return.  "Gift of equity" is explained in this web reference:

https://www.investopedia.com/terms/g/gift_of_equity.asp

**Answers are correct to the best of my ability but do not constitute tax or legal advice.