Technically yes, but I would be tempted to use just one or the other for this year since she received both in 2016 for this same farm. They are both taxed the same (as rental income on schedule E). If she anticipates cash rental in the future, I would suggest using just schedule E in 2016 and continue with this same rental property in 2017 and on. If there are depreciating farm assets such as buildings or machinery you can use the farm recovery periods on schedule E in Rental Properties. I'll attach a page snip of them which can also be found in IRS publication 225.
