A paid-off tractor can still create a tax bill when the next generation takes...

https://www.web-bookmarks.win/farm-heirs-may-fear-estate-tax-but-income-tax-can-hit-harder-at-handoff

A paid-off tractor can still create a tax bill when the next generation takes over. Many farm families worry about estate tax, but income tax surprises can hit sooner when equipment is sold or transferred