Learn More About Selling Cell Tower Lease Tax Strategies
When it comes to determining the amount you need to pay for your taxes, it really depend on how you would structure your cell tower lease buyout. In a cell tower lease buyout, it is either you grant the buyer a Lease Assignment or an Easement. A Lease Assignment can be taxed like an ordinary income or pre-paid rent, whereas an Easement may qualify your cell tower lease buyout transaction for a capital gains tax treatment.
Under the 1031 exchange, you can differ your taxes by selling a property, and reinvest the proceeds in a new property. The seller needs to select the investment property within a period of forty-five days of the exchange with a maximum time limit of one hundred-eighty days. If you want to find out more about 1031 exchange for your cell tower lease, you can always talk to a cell tower consultant like David Espinosa. Can a seller split the proceeds of the sales into multiple tax years? Yes, it is possible. You can benefit from this tax strategy by dividing the cell tower lease buyout payment into two, one paid at closing of the current year and the other on the next year paid on January 1st. When planning to structure payments over many years, it is important to make sure that your prospective buyer would have the capability to pay his financial obligations to you by ensuring he will be conducting business for the next years to come. There are really many options available for you in a cell tower lease buyout and contacting a cell tower consultant can be beneficial to help you in finding what you really need. If your cell tower lease buyout is structured properly then it may qualify for a 1031 exchange.
If you are planning to conduct an installment buyout for your cell tower lease, remember that there are risks associated with it including a tenant going out of business or a tenant terminating the lease and rent payments. You may get unsolicited offers from companies but their offers do not really reflect the true valuation of your cell tower lease, so it is important to talk with a cell tower consultant because you might be selling your cell tower lease at a really cheap price. If you are looking for a trusted, reputable, and reliable cell tower lease consultant, David Espinosa is willing to help you, find out more by visiting his homepage or website now! Be a smart seller, and gain the right amount for your cell tower lease, contact David Espinosa now!
