I don’t even want to bring this up because it’s such a cluster duck. You can put your property in an LLC and rent it from your self and depreciate the property. It’s very annoying and I don’t know how to do it start to finish. https://www.irs.gov/publications/p946
Wouldn't that just shift the taxes to the llc? If I was going to do anything with this, it would be setting up the property in stone kind of trust, as I think that would be easier to pass on after I pass on.
They are the same, the LLC and the trust (in some sense) the LLC would collect tax losses. Look, what I said is a horrible idea anyway. They can always change the rules anyway.