Farm families often plan for estate tax, then face an income-tax surprise at...

https://holdenajvs101.yousher.com/how-do-i-explain-to-my-siblings-why-step-up-in-basis-matters

Farm families often plan for estate tax, then face an income-tax surprise at succession. Learn how depreciation recapture can create a bill on “paid-off” equipment, while a basis step-up may lower tax when heirs sell inherited land.