Farm families often expect estate tax to be the big succession bill, but income...

https://blogfreely.net/neasalnfbo/h1-b-what-is-the-tax-impact-if-we-sell-barns-or-confinement-facilities-after

Farm families often expect estate tax to be the big succession bill, but income tax can surprise heirs more. Paid-off equipment may trigger depreciation recapture, while a basis step-up resets inherited assets’ tax value