Many Cell Site Leaseholders want to know if their transaction qualifies for Capital Gains treatment (http://www.irs.gov/newsroom/article/0,,id=106799,00.html).  The sales representatives from the Cell Phone Tower Company or Finance Company will always tell you what you want to hear.  They have almost always never consulted an Accountant or Tax Advisor.    We do not give Tax or Legal advice but we can point you in the right direction based upon real experiences dealing with these issues.  We can also answer questions for your personal Attorney or CPA.

Some of our clients want to do a 1031 like-kind exchange (http://www.irs.gov/businesses/small/industries/article/0,,id=98491,00.html).  There are certain criteria and filings that must be completed before your transaction.  We can help you avoid making a costly error that could prevent you from taking advantage of this tax deferring filing.

Please contact us before you enter any new Cell Tower Lease or Cell Site Lease Agreement.