If the answer is yes to both questions, I can almost guarantee the 20-25% equity your appraisals suggest you created will never be realized and is merely paper equity.

@Jackson HanssenThanks for answering my question that Melanie hasn't. 

To answer your question, You would need to get an attorney involved and just issue a mortgage and note along with having a will that your daughter would inherit this.

You’ll also pay transaction fees disposing the asset, likely in the $40k+ range.I don’t think you have a clear-cut answer here, but you’ll need to rack up all the financial trade-offs to make an informed decision.

Brandon, hopefully you've received the answer you were looking for with this post.

I don’t actually expect @Amanda Han to have an answer for someone else’s tax situation, but it’s something I’ve been curious about for a few years. 

Thanks for the answer.

The company called THD (http://www.temporaryhousingdirectory.com/services/temporary-housing/) answered one of my rental adds from Hotpads...offering me more than I was asking...for a fire victim family. 

@Brad KroepflHey Brad I’m looking for the same answer.

i know that's generic... but that's the case.sorry these answers are so general, do you have more background you can share?