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

https://sierra-wiki.win/index.php/Why_Do_Equipment_and_Buildings_Have_Different_Recapture_Rules%3F

Farm families often worry about estate tax, but income tax can bring the bigger surprise at succession. See how depreciation recapture can tax past equipment write-offs, and how a basis step-up may lower tax on inherited assets.