Farm families often fear estate tax, but income tax can sting sooner at...
https://sticky-wiki.win/index.php/Is_There_a_Way_to_Plan_Around_Recapture_Without_Doing_Something_Risky%3F
Farm families often fear estate tax, but income tax can sting sooner at succession. Selling paid-off machinery may trigger depreciation recapture, while a basis step-up can reset the tax value of inherited assets