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posted Jun 4, 2019 1:13:05 PM

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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1 Best answer
Level 15
Jun 4, 2019 1:13:06 PM

See https://ttlc.intuit.com/questions/4343469-if-a-property-is-put-in-a-trust-can-it-be-depreciated-agai...

1 Replies
Level 15
Jun 4, 2019 1:13:06 PM

See https://ttlc.intuit.com/questions/4343469-if-a-property-is-put-in-a-trust-can-it-be-depreciated-agai...