Farm families often worry more about estate tax than the income-tax bill a...

https://johnathanrcpw248.wpsuo.com/what-is-the-difference-between-book-value-and-tax-basis-on-farm-machinery

Farm families often worry more about estate tax than the income-tax bill a transition can trigger. A paid-off tractor may still carry years of claimed depreciation, and selling it can make some of those deductions taxable again