If the trust had been created from an estate, you might have indicated that in your original post rather than flatly stating you received a K-1 from an estate ("I receive a k-1 from an estate").
Section 469, for what it's worth, was enacted to address losses from activities in which taxpayers either do not participate and specifies which activities are de facto passive. I am unclear where you noted that passive losses can be used to offset capital gains other than scenarios where the entire interest (in the passive activity) is disposed of.
Regardless, I am simply not interested in engaging with you further, on any level.
