At succession, farm families may worry about estate tax, but income tax can...

https://damienxzyy492.cavandoragh.org/irc-1245-vs-1250-what-matters-for-my-farm

At succession, farm families may worry about estate tax, but income tax can bring the bigger surprise. See how depreciation recapture on paid-off equipment works and how a basis step-up can change the tax bill for heirs.