Farm families often worry about estate tax, but income tax can bring the bigger...
https://miloyyxi461.huicopper.com/gifting-the-farm-to-my-kids-now-will-they-inherit-my-low-basis
Farm families often worry about estate tax, but income tax can bring the bigger surprise. Years of equipment write-offs may come back as taxable income when you sell machinery, even after you’ve paid it off