Farm families often worry about estate tax, but income tax can bring the bigger...

https://brookssnewinsight.scriblorax.com/posts/do-improvements-on-the-farm-create-taxes-later-when-sold

Farm families often worry about estate tax, but income tax can bring the bigger surprise at succession. Learn how selling equipment can trigger depreciation recapture, and how a basis step-up may reduce taxes on inherited land. Plan before the handoff.