The more important tax relief date would be April 15th.When partnerships or s-corps fail to file their returns by the due date, the IRS will impose a minimum penalty of $205 for each month or part of the month the return is late multiplied by the number of partners or shareholders.I've included links to IRS instructions regarding penalty relief below.

Do you like to take unnecessary risks?

Unless you have a million bucks sitting in the bank, do not take on any unnecessary risks.

There is no formula for perfect investing - just doing as much due diligence as possible to minimize unnecessary risk.

I don't necessarily want to take out a HM loan as I have the dollars to do it myself, and would seem like an unnecessary added expense. 

As a throwaway line, POTUS said HUD would impose some kind of moratorium on foreclosures and evictions until the end of April.

A good coach will turn your business into a gold mine, BUT most coaches in RE, especially for brand new investors are unnecessary.

Such eventsare often addressed by a “Force Majeure Clause” allowing a party to suspend or terminate performance when circumstanceswhich the parties could not have anticipated, or which are beyond their control make performance of the contract impossibleor impracticable.The current world-wide Coronavirus (COVID-19) pandemic has had unprecedented impacts on real estate transactions,including, but not limited to, travel restrictions, self-imposed and governmentally required isolations, and closures of bothgovernmental and private offices required to fund, close and record real estate transactions.Accordingly, in the event complying with the Close Of Escrow is not possible or practical as a result of unforeseen circumstancesrelated to the COVID-19, such as Buyer’s or Seller’s inability to travel to sign documents, closings of or delays in relatedgovernment and business services, including for example delays by or closing of lenders, title/escrow, county assessor/recorder, or otherwise (hereinafter “Unforeseen Circumstances”) the Parties Agree as follows.

Most of us are positioning ourselves to be as liquid as possible right now and reduce liabilities and unnecessary expenses.The most important thing is to not get caught up in following the blind masses.

@Barry Pekin The only instance I know of where this practice makes sense is when you are wholesaling an REO or a short sale and the deed restriction imposed by the bank prohibits wholesaling or re-selling the property for a predetermined period of time.