It seems to me that if you have a substantial investment in towers
and feedlines that when you sell your property you could specifically
include them as improvements. Then you could negotiate with the new
owner of the towers to remove them for the new owner at a minimum
charge, or perhaps receiving the towers in payment for taking them
down.
Certainly then all the costs of the towers would be included in the
basis of the sale of the property.
This correspondence thread opens another thought. If the towers are
sold as part of the property, then maybe property tax should have been
paid in previous years on the towers? Interesting.
Sometimes it doesn't pay to ask a question, because you might not like
the answer!
Jay O'Brien
w6go@quiknet.com
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