Transferring property from personal to LLC...do the untaken/carried-over passive losses move with property?

[Jeff Sadosky]

Am looking to move a rental property from my name to an LLC, but am trying to figure out if the passive losses that have been incurred (but not taken and carried over due to salary limitations) move with the property into the LLC, or if it even matters at all. Want the asset protection, but don't want to lose the future tax writeoffs. Thanks in advance for the advice.