Farm families often worry most about estate tax, but the bigger bill can come...
https://miloyyxi461.huicopper.com/gifting-the-farm-to-my-kids-now-will-they-inherit-my-low-basis
Farm families often worry most about estate tax, but the bigger bill can come from income tax after a handoff. When heirs sell equipment, depreciation recapture can make the IRS tax past write-offs as income, even if the machinery is paid off