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.

[newbie35]

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

[tagteam · Accepted solution]

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