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Results (3,468+)
Don Pham Novice investor looking for a plan
18 June 2020 | 5 replies
Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.
Monica P. 30% decrease in rent?
23 June 2020 | 30 replies
The worst thing that can happen is that he says yes, you sign another lease at a cheaper price, and the landlord is so resentful he repairs nothing while the unit crumbles around you and you try to get relief from the court or get out of your lease somehow. 
Trevor Hatchard Corona Related Distribution (401K Distrubtion)
1 July 2020 | 6 replies
Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.
Kimberly Moore Can I apply for the ppp or loan
4 July 2020 | 3 replies
Can I apply for covid relief ppp or loan? 
Terry Lao Is it a good time to sell in Las Vegas?
15 December 2020 | 60 replies
A lot of people who were given some relief from their mortgages came to find out that to get their deferment (assuming they weren't tricked into a forbearance and tasked with coming up with 3 months of payments all at once in July) they have to go through a loan "modification" (AKA refinance).
John Perez How do you have buyers wire you big down payments?
11 July 2020 | 7 replies
Many people have it in their email signature blocks about and never to accept wire info from them over email...Even at closings we ‘sigh with relief’ (sort of) when we hear payments are on with bank checks...where did you hear that?
Justine Phillipson Tenants Not Paying Rent!
10 July 2020 | 4 replies
Makes no sense to force a tenant who can’t afford the rent (or is unwilling to pay it) to stay in your property, especially when evictions are taken off the table as an option.It might end up being a relief for both of you if they were let out of their lease. 
Chase Gabriel Whole Selling Mobile Homes in the Wisconsin and Illinois Area.
15 July 2020 | 4 replies
Street dealers and community based retailers ended up with considerable relief, but for those who used to sell a few homes to consumers must have a manned physical location with regular hours.
Lloyd Segal Economic Update (Monday, July 13, 2020)
13 July 2020 | 1 reply
An additional 1.04 million people applied for benefits last week through a temporary federal-relief program, pushing the combined total for the week to 2.35 million.
David Ivy Mid-Year 2020 Austin Market Report
17 July 2020 | 2 replies
Even if we end up with a 3 to 4% decline in sales in 2020, that would still be a strong year for the region.”Here are basic stats on residential sales for June 2020 for the City of Austin and the greater Austin area:I have been tracking the local market on a more fine-grained time scale:As of July 4th, 2.8 million Texans have filed for unemployment relief since mid-March.