Options for Landowners with Wind Energy Leases
“If you have wind turbine energy on your property, you’ve got a couple of options. One is to hold on to it. You could also sell that property with the turbines on it and use a 1031 exchange to buy an asset that has a more stable future. Another option is to liquidate the rental income or lease income stream off a renewable energy project like windmills and 1031 that income into another stable asset or a different farm,” stated CEO of National Land Realty Ronnie Richardson during a recent interview on RFD-TV.
Richardson went on to discuss the power of 1031 exchanges for landowners with existing energy leases, especially given the current uncertainty surrounding wind energy production in the United States. He also spoke to increased listing availability around the country and the willingness of buyers in 2025 to make purchases.