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

https://nova-wiki.win/index.php/Is_Depreciation_Recapture_Taxed_as_Ordinary_Income_or_Capital_Gains%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 can reset inherited land’s tax value.