As a landowner who leases his or her land for a cell tower, you might receive an offer to sell the lease at some point. Perhaps you are deliberating within yourself whether or not you should sell, and why.

Your reluctance to sell is reasonable for a variety of reasons. An active lease provides a constant trickle of income. Additionally, selling your lease to someone or a company can be a daunting task that you might be unprepared for.

Should you overcome your indecision, selling your cell tower leasing can result in a number of benefits for you. Here are three of them:

Capital

Although you receive lease payments every month, you won’t be able to tap into that as a long-term revenue stream. Selling your cell site lease can grant you large amounts of capital to invest in other long-term ventures.

Risk Reduction

Not only does selling your cell site lease give you capital, but also it reduces your risk against inflation or an early termination of the lease. Additionally, you minimize the risk of owning a devalued lease when the cell tower becomes obsolete.

Tax Treatment

While it depends on the situation, selling your cell tower lease can also grant you a favorable tax treatment. What this means is that you can defer taxes through a “1031 exchange” if you purchase another property following the lease’s sale.

To ensure that you get the most out of selling your lease, always seek advice from an experienced professional.

In today’s digital age, people have become dependent on mobile phones and an Internet connection for constant communication no matter where they are. You may have leased your land for a cell tower or your property for a cell site to maximize the potential revenues of your stagnant asset, but there is more to a cell site than just profit. You may not realize it, but your decision to provide cellular coverage can serve many generations to come.

Helping Your Community

Not only will you be able to utilize strong cellular signals, but you can also ensure that your neighbors stay connected as well. When you create a cell site, you are helping individuals in your area overcome recurrent signal problems and experience the benefits of mobile communication.

Promoting Economic Progress

Creating a local infrastructure for communication satisfies the need for connectivity, which in turn promotes progress. You can take part in building the economy by helping business owners remain in contact with their suppliers, for instance. Your very actions can set an ideal environment for mobilization and productivity.

Advancing Technology

You are connecting your community to the world. Enhancing wireless telecommunications in your area can lead to more discoveries through research. Imagine a community capable of accessing valuable and educational information. You are doing society a favor by hosting a cell site.