Monday, September 23, 2024
Determining a Fair Rent for Farm Buildings
Establishing a fair rent for farm buildings and storage facilities involves multiple factors. There isn’t a universal formula, as conditions vary depending on building type, usage, and local market conditions. However, a comprehensive evaluation of both fixed and variable costs, as well as cash and non-cash expenses, is essential.
Read more on the UNL Center for Agricultural Profitability website.