A farm can pass to the next generation with little estate tax, yet the...

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

A farm can pass to the next generation with little estate tax, yet the income-tax bill can still sting. Learn how depreciation recapture on paid-off equipment and a basis step-up can change what heirs owe—and what families can plan for.