Investors & landlords

If this Revocable Trust is a Grantor Trust that is entered on your 1040, the depreciation is shown on Line 18 of Schedule E.  You would have needed to enter the home, improvements, and furniture as "assets" in TurboTax.

Your profit or loss is shown on Line 17 of Form 1040.  If you have carryover losses, they are reported on Form 8582.