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Updated almost 5 years ago on . Most recent reply

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Nick Rutkowski#3 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Ithaca, NY
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Mortgage and Rent Cancellation in New Bill

Nick Rutkowski#3 General Landlording & Rental Properties Contributor
  • Rental Property Investor
  • Ithaca, NY
Posted

Hey BP,

Congress is thinking about passing another stimulus check for the American people. There are two proposals, one outlines 2000/month for each individual and the other stops rent and mortgage cancellation for 1 year on primary residents. Landlords are receiving an emergency fund in lieu of the CoronaVirus effects. What does everyone think about this new proposal?

https://www.forbes.com/sites/ryanguina/2020/04/18/proposed-2000-monthly-stimulus-checks-and-canceled-rent-and-mortgage-payments-for-1-year/#72dc43cd2b48

Most Popular Reply

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Sean McCluskey
  • Rental Property Investor
  • Newport Beach, CA
138
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Sean McCluskey
  • Rental Property Investor
  • Newport Beach, CA
Replied

@Nick Rutkowski Pretty sure this is just a couple representatives looking to get credit for trying to give out free money, for when they need to run for reelection. No way would it really be considered in Congress.

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