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newbie35
New Member

Can I depreciate rental property that was placed in an irrevocable trust? The property was fully depreciated years before it was placed in the trust.

Of course the value of the property has increased over the years.

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tagteam
Level 15

Can I depreciate rental property that was placed in an irrevocable trust? The property was fully depreciated years before it was placed in the trust.

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tagteam
Level 15

Can I depreciate rental property that was placed in an irrevocable trust? The property was fully depreciated years before it was placed in the trust.

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