Farm families often worry about estate tax, but income tax can bring the bigger...

https://fun-wiki.win/index.php/How_Does_Depreciation_Lower_My_Basis_Over_Time%3F

Farm families often worry about estate tax, but income tax can bring the bigger surprise when heirs sell equipment or land. See how depreciation recapture taxes past write-offs and how a basis step-up may lower tax on inherited assets.