At succession, income tax can surprise farm families more than estate tax....
https://fair-wiki.win/index.php/Is_There_a_Way_to_Plan_Around_Recapture_Without_Doing_Something_Risky%3F
At succession, income tax can surprise farm families more than estate tax. Learn how selling paid-off equipment can trigger depreciation recapture, while a basis step-up can reset the tax value of inherited assets.