2024 1041 -treatment of reported loss in 1040prior to transferring rental property to trust b

[Kgandhi516]

I need assistance how to treat accumulated losses on rental property in 1041 prior to transferring from revocable trust to irrevocable trust b (upon my husband death) with beneficiary being wife and grand children and the wife being trustee

[M-MTax]

I need assistance 

You need professional assistance.

The basis is either a carryover basis which will include the accumulated losses OR the basis will be increased by the amount of accumulated passive losses.