Farm succession can bring a bigger income-tax surprise than an estate-tax bill....
https://meet-wiki.win/index.php/Can_a_once-a-year_return_really_miss_a_huge_future_tax_bill%3F_97937
Farm succession can bring a bigger income-tax surprise than an estate-tax bill. Learn how depreciation recapture can trigger tax on equipment gains, while a basis step-up may reset inherited asset values—and what families should review before the handoff.