Many farm families worry about estate tax, but income tax can bring the bigger...

https://www.bookmarkzoo.win/when-a-farm-changes-hands-income-taxes-can-catch-a-family-off-guard-before

Many farm families worry about estate tax, but income tax can bring the bigger surprise at succession. See how depreciation recapture can tax gains on old equipment and how a basis step-up may lower tax on inherited land.