Farm heirs may fear estate tax, but income tax can sting more at succession....

https://research-wiki.win/index.php/What_Is_the_Simplest_Way_to_Explain_Basis_to_a_Non-Accountant_Farm_Family%3F

Farm heirs may fear estate tax, but income tax can sting more at succession. Learn how depreciation recapture can tax old write-offs when gear sells, while a basis step-up resets tax value on inherited land. Paid-off gear can still bring a bill.