@TaxMan81
I'm not sure if I read your initial post incorrectly, but so it's clear, the basis of the property would typically receive the step up upon the passing of the decedent.
At that time, previous accumulated depreciation deductions would essentially disappear, the property would receive a step-up in basis, and the basis for depreciation (in the trust) would be that stepped-up basis.
When the property was distributed to you out of the trust, you would simply take the trust's adjusted basis.
