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

https://wiki-wire.win/index.php/Do_Improvements_on_the_Farm_Create_Taxes_Later_When_Sold%3F

Farm families often worry about estate tax, but income tax can bring the bigger surprise when heirs sell land or equipment. See how depreciation recapture taxes past write-offs, and how a basis step-up can lower tax on inherited property.