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Are all farms in Ohio used exclusively for commercial agricultural purposes eligible to be taxed on their current agricultural use value?

April 26, 2017Agricultural Commercial eligible farms Ohio purposes TAXED Used

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Are all farms in Ohio used exclusively for commercial agricultural purposes eligible to be taxed on their current agricultural use value?

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A. Yes, if they contain 10 acres or more exclusive of any homesite. Those under 10 acres can qualify if the land has produced a gross income for the past three years of at least $2,500 each year or should reasonably be expected to produce that much during the current year.