Farm families often face a bigger income-tax bill than an estate-tax bill when...

https://wool-wiki.win/index.php/How_Do_I_Compare_Selling_Gifted_Land_vs._Selling_Inherited_Land%3F

Farm families often face a bigger income-tax bill than an estate-tax bill when they pass on the operation. Learn how depreciation recapture can tax past equipment deductions, and how a basis step-up resets the tax value of inherited land.