diff --git a/qiskit/transpiler/preset_passmanagers/common.py b/qiskit/transpiler/preset_passmanagers/common.py
index c9bcc9a7904c..28879b348f05 100644
--- a/qiskit/transpiler/preset_passmanagers/common.py
+++ b/qiskit/transpiler/preset_passmanagers/common.py
@@ -15,6 +15,7 @@
 
 import collections
 from typing import Optional
+import warnings
 
 from qiskit.circuit.equivalence_library import SessionEquivalenceLibrary as sel
 from qiskit.circuit.controlflow import CONTROL_FLOW_OP_NAMES
@@ -454,6 +455,18 @@ def generate_translation_passmanager(
     Raises:
         TranspilerError: If the ``method`` kwarg is not a valid value
     """
+    if backend_props is not None:
+        warnings.warn(
+            "The backend_props argument for this function has been deprecated. "
+            "The BackendProperties data structure has been deprecated and will be "
+            "removed in Qiskit 2.0, instead you should use a Target object with the "
+            "required target argument. You can use Target.from_configuration() "
+            "to build the target from the properties object, but in 2.0 you will need "
+            "to generate a target directly.",
+            DeprecationWarning,
+            stacklevel=2,
+        )
+
     if method == "translator":
         unroll = [
             # Use unitary synthesis for basis aware decomposition of
diff --git a/releasenotes/notes/deprecate-bp-args-gtpm-4023a5f86668d96d.yaml b/releasenotes/notes/deprecate-bp-args-gtpm-4023a5f86668d96d.yaml
new file mode 100644
index 000000000000..f833fbe1bf44
--- /dev/null
+++ b/releasenotes/notes/deprecate-bp-args-gtpm-4023a5f86668d96d.yaml
@@ -0,0 +1,10 @@
+---
+deprecations_transpiler:
+  - |
+    The ``backend_props`` argument of the
+    :func:`.generate_translation_pass_manager` function is deprecated and
+    will be removed in Qiskit 2.0. This argument is optional and is superseded
+    if the required ``target`` argument is populated. As the
+    :class:`.BackendProperties` is deprecated and will be removed in Qiskit
+    2.0 specifying this option will also no longer work. Usage of the argument
+    can safely be removed in 1.x as long as you were passing in a target.