A recapture of special use valuation will occur if a qualified heir ceases to use the property for farming purposes but does not otherwise dispose of it.

Question

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Recapture of special use valuation occurs if the qualified heir ceases to use the property for the qualified use (such as farming) within a certain period after the decedent's death, regardless of whether the property is sold or not.

A Recapture of Special Use Valuation Will Occur If a Qualified