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10 April 2020 | 15 replies
There will be an IRS news release if they change filing deadlines.
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20 March 2020 | 10 replies
IRS just announced the tax filing deadline will be moved to July 15, 2020.
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27 March 2020 | 23 replies
@Jay HinrichsThat might be because the order from Gov Wolf had Saturday 12:01 a.m. as the deadline.
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22 March 2020 | 12 replies
etc.I think when people are saying that the real estate market is not affected by the virus they are meaning that downward pressure on prices and rents tend to lag behind the general market economy and so number changes would take some time to show up but you rightly point out that the buying and selling behaviour has been impacted by the social restrictions and this is very new so I agree that there is an impact albeit temporary.To respond directly to your concerns about extending - I wrote an offer yesterday and we included a hot off the press COVID-19 Addendum to the contract to mitigate the buyer's exposure if delays resulting from the disruptions caused deadlines to be missed - the traditional Purchase Contract in FL at least has a Force Majeure contingency in it but COVID-19 is not considered a Force Majeure event so you may need to consult with your agent/Attorney about how to get an extension.
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16 April 2020 | 72 replies
I will write offers with appropriate dates and deadlines and will also use the COVID-19 addendum provided by the Colorado Bar Association.
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8 April 2020 | 73 replies
These are usually one time grants, not loans, and do not need to be repaid.The deadline for filing tax returns has been extended to July 15; however, if you believe you are due a refund, you can and should file ASAP to take advantage of this additional income.To those of you who are caregivers, medical personnel, and retail workers who are by necessity still out there dealing with the public -- you are the heros in this crisis and we want to recognize the risk you are taking by getting up and going to work each day.
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23 March 2020 | 2 replies
It asks for direct rental assistance for families who have income loss due to COVID-19, it cautions against blanket eviction moratoriums—feels they should be targeted to situations related to COVID-19 and provide relief for property owners in the form of mortgage or other financial obligation forbearance1031 Like-Kind ExchangeNAR sent a letter(link is external) to the Treasury Department to include deadline relief for 1031 like-kind exchanges 180-day completion deadlines.
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29 March 2020 | 29 replies
I'm under contract for almost 10M worth of buildings on 3 seperate deals and the sellers have upped concessions and been far more lax in terms of paperwork and closing deadlines (the banks are all WFH and dragging their feet even more than usual!)
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15 June 2020 | 32 replies
Let me ask you another way - If you were the double agent and your buyer was dragging their feet and not hitting the deadlines - do you think the full commission is still warranted?
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28 April 2020 | 25 replies
I could also take out a 401 K loan, but my main questions is (I'm going to try to find out tomorrow) will a loan prevent me from being able to do an actual withdrawal if I decide to do that before the deadline.