This is usually not a concern of Non-Profits but it can be an issue for some organizations.  If your organization is operating as a not-for-profit, you could be liable for paying taxes should you decide to sell your Cell Site Lease or Cell Tower Lease.

Many Cell Site Leaseholders want to know if their transaction qualifies for Capital Gains treatment.  The sales representatives from the Cell Phone 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 our experiences dealing with these issues.  We can also answer questions for your Attorney or CPA.

If you are a non-profit entity, caution should be exercised before you assume there are no tax consequences regarding the selling of you Cell Site Lease.

Contact us for a free consultation before you enter any Cellular Lease Agreement