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

https://www.ready-bookmarks.win/estate-tax-may-not-be-the-biggest-tax-shock-when-a-farm-changes-hands-learn

Farm families often worry about estate tax, but income tax can bring the bigger succession surprise. See how depreciation recapture can tax “paid-off” equipment, while a basis step-up may lower taxes when heirs sell inherited land.