answersLogoWhite

0


Best Answer

capital gains. it is looked upon as an investment.It is income. same as your job. * First off, capital gains treatment is not afforded to income from your job. It is not the same. Secondly, not all cell tower lease buyouts are afforded capital gains treatment or 1031 like kind exchange treatment. It depends upon the lenght of the buyout and whether the lessor (landowner) has reserved any income rights for themselves. The key issue is the element of control which the owner maintains. Most of the companies offering these buyouts have opinion letters from big 4 accounting firms which you can share with your CPA. But in the end, your accountant has to sign off on the sale.

User Avatar

Wiki User

โˆ™ 2006-05-23 19:55:41
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +20 pts
Q: What kind of taxes would you have to pay on a cell phone tower lease buyout?
Write your answer...
Submit
Related questions

What happens to cell phone tower lease when land is sold?

It depends on the terms of the lease. The lease may terminate or the lease may "run with the land."


What is the rental rate for a cell tower lease?

The rental rate for a cell tower lease varies depending on several factors. For example, a renewal or extension of an existing lease, the rental rate will probably be higher than a new lease.


How do you get icy tower on your mobile phone?

Well you can get icy tower on your phone if you pay, but im not sure if theres a free icy tower for your phone. Try looking it up on google or something.


What materials were used to build the willis tower?

The Willis Tower was made by putting a signature to a lease contract. The Willis Tower is formerly known as the Sears Tower. See related links for details.


What is the phone number of the Grand Tower Public Library in Grand Tower?

The phone number of the Grand Tower Public Library is: 618-565-2181.


What is the phone number of the Tower-Porter Community Library in Tower City?

The phone number of the Tower-Porter Community Library is: 717-647-4900.


What is the phone number of the Tower-Soudan Historical Society in Tower Minnesota?

The phone number of the Tower-Soudan Historical Society is: 218-753-3202.


Can you lease your land for a cell phone tower?

Sure. Presuming someone wants it and the zoning allows it. I mean, how the heck else do you think the tens of thousands of them, frequently with several different services on them, have been placed?


Did American Tower Corp buy or lease 3200 cell sites in Ghana?

YES


What is the broadcast range of a cell phone tower?

it is a long 6k.m in carkel tower to tower range u can sit the range of the tower


What is the phone number of the Tower Museum And Antiques in Genoa Colorado?

The phone number of the Tower Museum And Antiques is: 719-763-2309.


What is the phone number of the Daniels And Fisher Tower in Denver Colorado?

The phone number of the Daniels And Fisher Tower is: 303-913-8200.


What is the phone number of the Propark Museum Tower in Reno Nevada?

The phone number of the Propark Museum Tower is: 775-322-2223.


What is the phone number of the Pinnacle Museum And Tower in San Diego California?

The phone number of the Pinnacle Museum And Tower is: 619-533-7961.


What is the phone number of the Pinnacle Museum Tower in San Diego California?

The phone number of the Pinnacle Museum Tower is: 619-231-2005.


What is the phone number of the Water Tower Museum in Western Springs Illinois?

The phone number of the Water Tower Museum is: 708-246-9230.


What is the phone number of the Tower Grove Park in Saint Louis Missouri?

The phone number of the Tower Grove Park is: 314-771-2679.


What is the phone number of the Edison Memorial Tower in Edison New Jersey?

The phone number of the Edison Memorial Tower is: 732-549-3299.


What is the phone number of the Edison Museum And Tower in Metuchen New Jersey?

The phone number of the Edison Museum And Tower is: 732-494-4194.


What is the phone number of the Tower Road Branch Library in Gainesville?

The phone number of the Tower Road Branch Library is: 352-333-2840.


How much do land owners make for a cell tower lease in North Carolina?

That's a matter of negotiation between the land owner and the company erecting the cell tower.


What is the phone number of the Tower Hill Botanic Garden in Boylston Massachusetts?

The phone number of the Tower Hill Botanic Garden is: 508-869-6111.


What is the phone number of the Price Tower Arts Center in Bartlesville Oklahoma?

The phone number of the Price Tower Arts Center is: 918-336-4949.


Is there cell phone service on the moon?

there is no cell phone service on the moon because there is no cell phone tower.


How can you detect cell phone jammer and how can you protect the cell phone from it?

Cell phone can't be protected from jamming. The only thing you can do is to make the connection between cell phone and cell phone tower as strong as you can by keeping cell phone fully charged and as close to the cell tower.