Farm families often worry about estate tax, but the bigger bill at succession...

https://speedy-wiki.win/index.php/Why_Does_Selling_Inherited_Equipment_Sometimes_Create_Little_Tax_but_Selling_Gifted_Equipment_Hurt%3F

Farm families often worry about estate tax, but the bigger bill at succession may come from income tax. Learn how depreciation recapture on paid-off equipment can add up, and how a basis step-up may ease the tax hit when heirs inherit land.