@oggiejax wrote:
So, if I don't get to keep the accumulated depreciation, then I get to start depreciating all over, again?
As @Mike9241 indicated, we cannot read the terms of the trust.
However, the typical scenario is that the grantor trust becomes irrevocable upon the death of the grantor and the trust then "acquires" the property from the grantor at a basis stepped up to its fair market value as of the date of death of the grantor. Thus, the basis for depreciation is the FMV on the date of death and the recovery period starts over as of the date of death.
