Farm families may worry about estate tax, but income tax can bring the bigger...
https://super-wiki.win/index.php/What_Is_the_Biggest_Tax_Mistake_Families_Make_When_Handing_the_Farm_to_the_Kids_Early%3F
Farm families may worry about estate tax, but income tax can bring the bigger bill at succession. Learn how depreciation recapture can tax past equipment write-offs, and how a basis step-up may lower the tax heirs owe when they sell inherited land.