Farm succession can bring a bigger income-tax bill than estate tax. Learn how...

https://online-wiki.win/index.php/Does_the_IRS_Treat_Depreciation_Recapture_as_Regular_Farm_Income%3F

Farm succession can bring a bigger income-tax bill than estate tax. Learn how depreciation recapture can create taxes on paid-off equipment, and how a basis step-up may reduce taxes when heirs sell inherited land.