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

https://qqpipi.com//index.php/How_Do_I_Compare_Selling_Gifted_Land_vs._Selling_Inherited_Land%3F

Farm families may worry about estate tax, but income tax can bring the bigger shock at succession. Learn how depreciation recapture can make paid-off machinery trigger a tax bill, and how a basis step-up may lower taxes when heirs sell inherited land.