Farm families often worry more about estate tax than the income-tax bill a...

https://dibz.me/blog/gifting-the-farm-to-my-kids-now-will-they-inherit-my-low-basis-1282

Farm families often worry more about estate tax than the income-tax bill a transition can trigger. A paid-off tractor may still carry years of claimed depreciation, and selling it can make some of those deductions taxable again