Farm families may fear estate tax, but income tax can hit harder at succession....

https://blogfreely.net/neasalnfbo/how-does-low-basis-farmland-create-big-capital-gains-later

Farm families may fear estate tax, but income tax can hit harder at succession. A paid-off tractor can trigger depreciation recapture when sold. Learn how a basis step-up resets value at death, and why early planning can help heirs avoid a tax surprise.