Inherit SMLLC, do you have to recapture depreciation?

[John Buchanan]

When a Single Member LLC owner passes away, does the beneficiary receive not only the full step-up cost basis at death of the owner, but also starts a new depreciation schedule (without having to recapture the prior owner's depreciation)? are there any negatives for a beneficiary if the property is set up as a Single Member LLC?

thanks!