Farm families often worry about estate tax, but income tax can bring the bigger...
https://www.third-bookmarks.win/why-can-income-taxes-sting-more-than-estate-taxes-when-a-farm-changes-hands
Farm families often worry about estate tax, but income tax can bring the bigger surprise. Learn how depreciation recapture on equipment and a step-up in inherited property’s tax value can affect what heirs owe—and why planning ahead matters.