How owners use an exchange
A 1031 exchange, named for a section of the federal tax code, lets an owner who sells real property put the proceeds into other real property under rules set by the tax code. Some owners who sell their cell site to us use one to buy land, a building, or another investment property.
Our part in the exchange
We can work within the confines of a 1031 exchange. The exchange carries its own timing and its own requirements for how the proceeds are handled, so tell us at the start that you plan one. We will arrange the closing to fit, and we will work with the advisors and the intermediary you choose.
Questions for your advisors
Whether an exchange suits you, and whether the interest you are selling can be part of one, depends on your circumstances. We do not give tax or legal advice. Your tax advisor and your attorney can tell you whether a 1031 exchange is right for you, ideally with our written offer in hand so they are working from real terms.
Where to begin
Offers are based on the lease terms, how much term remains, and the rent currently being paid. As each deal is unique in its own right, there may be additional factors taken into consideration, but primarily, the offer we extend to you will rest on those three things. The questionnaire takes about two minutes, and you can mention the exchange in your answers or when we speak.