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Have you been contacted by a company looking to buy your cell tower lease or more particularly the cell tower rents you are collecting from the cell tower company. Well you are not alone as thousands of property owners just like you are contacted every day with this same offer.
One of the tricks that these companies use is offering to pay you out over a period of 5, 10 or more years. The purchase price of your lease goes up or does it. Well the the answer is no.
The cell tower lease buyout company is actually using you as the bank as you are financing their purchase of your cell tower lease and the interest they are paying you is good for them and not good for you.
In addition, a cell tower lease buyout over time could actually further diminish the net amount you receive due the tax rate you have to pay on the payment over time versus a one-time lump sum payment (please check with your tax advisor for more details)
If you have questions regarding a cell tower lease buyout or your cell tower lease in general contact us today!
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Cell Tower Lease Buyouts: What To Watch Out For
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