Condominium cell tower lease tax implications

by Diana
(Chicago)

How does the IRS treat condominium buildings leasing roof space to cell phone companies?
Do the winery's form an LLC with K1 distributions? Aren't Condominiums non profit?

Comments for Condominium cell tower lease tax implications

Average Rating starstarstar

Click here to add your own comments

Jul 15, 2013
Rating
starstarstar
We do not offer tax advice
by: Tower Genius

Diane you need to ask a CPA. However I can tell you that most cell site leases have tax language and provisions that state that the carriers will pay for increases in property taxes which are related to telecommunications improvements on your premises.

We find that the tax language in most cell tower leases is too broad and doesn't really provide the level of protection for landlords we are happy with, so we generally craft our own language that carriers and tower companies usually accept after we explain it to them. Please let us know if we can help your condo with the lease.

Tower Genius
888-313-9750

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Cell Tower Leasing Discussion.

Cell-Tower-Leases.com
Contact Tower Genius

Please note that all fields followed by an asterisk must be filled in.

Please enter the word that you see below.

  

  • Cell tower lease agreements
  • Selling Cell Tower Lease
  • Tower lease extensions
  • Cell site upgrades
  • Small cell proposals
  • Lease amendments
  • Tower lease buyout offers
  • Rooftop lease buyout offers
  • Rooftop cell site audits
  • Lease Agreement defaults
  • Cell tower valuations
  • Rent reduction solicitations
  • Lease Optimization Help
  • Lease Revenue Purchase
  • Transactional Coaching
  • Verizon Wireless 
  • AT&T
  • T-Mobile
  • DISH Wireless
  • US Cellular
  • SiriusXM
  • Crown Castle
  • American Tower
  • Atlas Tower
  • Phoenix Tower PTI
  • Vertical Bridge
  • SBA Communications
  • Tillman Infrastructure
  • Lyle Company, Black Dot, Md7
  • Everest Infrastructure


Like this page? Show us some Social Love. Here's how.

Would you prefer to share this page with others by linking to it?

  1. Click on the HTML link code below.
  2. Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.