The Ins and Outs of Agricultural Land Assessments in Illinois
Manage episode 497111733 series 3607409
Episode Summary:
In this episode, host Kevin Rosenquist and property tax attorney Nora Devine discuss the complex world of agricultural land assessments in Illinois. Nora explains how farmland and farm buildings are assessed differently from other properties, the requirements for agricultural classification, and common pitfalls property owners face when seeking preferential assessments.
Key Timestamps:
00:00 - Introduction
00:40 - How Illinois assesses agricultural land and soil productivity factors
02:13 - Farm building assessment complexities
05:09 - Impact of soil quality, land usage, and zoning
07:30 - Agricultural exemptions vs. preferential assessments
08:52 - Common mistakes in agricultural assessment applications
10:45 - Appeals process and success story
14:08 - When to seek legal counsel
16:01 - Attorney involvement in complex cases
About the Show:
Divine Intervention is a podcast that sheds light on Illinois property tax matters. Hosted by Kevin Rosenquist, the show features Nora Devine, a property tax attorney with extensive experience in Illinois jurisdictions since 2005. The show provides valuable insights into various aspects of property taxation in Illinois.
15 episodes