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Farmland: The Biggest Beneficiary of Preferential Assessments in Illinois
Did you know farmland gets special property tax treatment in Illinois?
Since the 1970s, Illinois — like most states — has offered preferential assessments for farmland. Instead of being taxed based on market value, qualifying farmland gets a tax break, making it easier for farmers to keep their land and continue their work.
Watch full episode here:
https://youtu.be/B7Z91aimeFQ
Видео Farmland: The Biggest Beneficiary of Preferential Assessments in Illinois канала The Devine Law Group
Since the 1970s, Illinois — like most states — has offered preferential assessments for farmland. Instead of being taxed based on market value, qualifying farmland gets a tax break, making it easier for farmers to keep their land and continue their work.
Watch full episode here:
https://youtu.be/B7Z91aimeFQ
Видео Farmland: The Biggest Beneficiary of Preferential Assessments in Illinois канала The Devine Law Group
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29 сентября 2025 г. 8:00:29
00:00:48
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