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
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.
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Steve or Kevin- I have had a cell site with SBA/T-Mobile (~$1500/month & 4% annual increase) for >15 years. At&t wants to co-locate. My SBA lease gives
We live in a Rural area of Plain City, OH. Our signal is horrendous. We have tried everything, Boosters in the house, upgraded equipment, etc. We recently
Tower Genius helps landlords dominate their cell site leases.