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If the trust was a standard revocable trust (e.g, a grantor trust) with your mother as grantor, then it became irrevocable when she passed. That essentially created a new entity that received the condo with a stepped-up basis (to fair market value on the date of her death).
If the foregoing is accurate, then your basis for depreciation is the FMV on the date of her death.
March 20, 2022
12:03 PM