This article provides guidance on adjusting rental rates for flood-damaged cropland with different lease characteristics, including having that important landlord-tenant discussion this spring before planting.
Nebraska has some of the highest ag property taxes in the nation. This article explores how these taxes support state and local government as well as K-12 education and examines some of the major property tax relief proposals.
In Nebraska, agland property taxes have risen to historic levels in recent years as state net farm income has declined, leading to an agland property tax crunch for farm and ranch landowners. Nebraska’s agland property taxes as a share of state net farm income are 46% higher than for the US as a whole.
When terminating an oral or "handshake" land lease in Nebraska, notice needs to be made by Sept. 1, preferably by Registered Mail™. Written leases are recommended in all circumstances to avoid misunderstandings or lease disputes.