Around here you can tell when the ‘farmer’ dies because the farm goes up for auction land and equipment so as to pay off those death taxes.
I would bet you in most cases it is because none of the kids want to farm, that is why it is sold. The heirs sell it with no capital gains.
25 posted on 08/16/2016 6:36:52 PM PDT by PeterPrinciple
(Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)