Maybe they washed their morbidly obese Bernese Mountain Dog in this sink, maybe they just filled the sink with hot water and let the cast iron warm up and it cracked.Toss this thing and put in an inexpensive drop-in double-bowl stainless sink.

She is also correct that a popular and effective strategy is what I call '1031, 1031, Die' - maybe a bit morbid, but apt. 

Not in the market, also not sure if this is morbid, but due to Ida there should be some good opportunities.

So, Y perhaps can't take the deduction since its a passive investment while X is paying taxes on the rent at their ordinary rate since they don't have sufficient deductions to apply.Anyway, there would be some serious details to be worked out.I hope you don't find this too morbid or out of line, but another strategy is to put Title in your mother's name. 

The suspended passive losses will be released when she files her final return when she passes away (sorry to be morbid).

I keep one similar in my estate plan binder (sorry to be so morbid).

That sounds almost morbid but from someone who buys from wholesalers, if your rehab number is always light we stop talking to you.

@James Miller, @Greg H. lets take divorce out of the picture, lets say they live a good marriage but something happens to him and he passes ( sorry it's morbid, but thinking Estate wise) if she owns half of the llc ( the property) then the basis upon his death would only be raised his half of the assessed value of the property, being she owns half, would they not ?

Yes, it is a tax DEFERRAL, not forgiveness, but as Chris pointed out, you can turn it into complete avoidance pretty simply via the "1031, 1031, Die" method (morbid, but elegantly simple). 

They are both older, have a hard time walking around, both morbidly obese, and the male is recovering from heart surgery.