Farm families may owe little estate tax but still face a painful income-tax...

https://dibz.me/blog/gifting-the-farm-to-my-kids-now-will-they-inherit-my-low-basis-1282

Farm families may owe little estate tax but still face a painful income-tax bill at succession. Learn how depreciation recapture can tax equipment gains, while a basis step-up may lower taxes on inherited land.