Step 1: Note that \(L^2 : \mathbb{R}^6 \to \mathbb{R}^6\) is itself a linear transformation on the same 6-dimensional space, so the rank-nullity theorem applies directly to it.
\[\dim(\mathbb{R}^6) = \operatorname{rank}(L^2) + \operatorname{nullity}(L^2)\]
Step 2: Substitute the known value. We are given \(\operatorname{nullity}(L^2) = 3\), so
\[6 = \operatorname{rank}(L^2) + 3\]
Step 3: Solve for the rank.
\[\operatorname{rank}(L^2) = 6 - 3 = 3\]
Step 4: Check consistency with \(\operatorname{Rank}(L)=4\). It is a standard fact that \(\operatorname{rank}(L^2) \le \operatorname{rank}(L)\), since the image of \(L^2\) is contained in the image of \(L\). Here \(3 \le 4\), so the answer is consistent with the given data.
\[\boxed{\operatorname{Rank}(L^2) = 3}\]