I have investment property in Florida that I have been showing on my taxes for the past 8 years.?

If I decide to deed this property to an associate and they decide to refinance the property I gave them, will their be questions raised later on if (by chance) I am audited by the IRS? I have made NO money off the property personally. but their is value in the home. By me not selling the home will that be a red flag to the IRS???

I doubt the IRS will come after you unless you have some other reason. As long as the new owners have clear title they will be able to get refinancing

That will constitute a gift. If it's worth more than $12,000 a Gift Tax return will be due and you may have Gift Tax to pay depending upon the value of the property. (Deeding the property to another person without compensation is a gift by definition, for whoever gave this answer a thumbs down rating.)

This has NOTHING to do with the recipient refinancing the property. That is an entirely unrelated issue.

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