Please remember to always consult with your tax advisor as how to best apply the law to your fact pattern.INDIVIDUAL PROVISIONSCASH REBATESOne of the most publicized portions of the law involves cash payments of $1,200 to individuals and $2400 to married couples.An additional $500 may be paid for each qualifying child.

I have an awesome wife and a beautiful 3 month old child.

If you’re his only child(closest living relative), you can usually go to the courthouse and fill out an affidavit of heirship form.

Granted I was a child, but it has helped me to have empathy

Creditors for future credit applications (such as a mortgage, purchase or refinance) are, and will be, allowed to discriminate on that basis even if there is no FICO impact, just like "declared bankruptcy" or "did not pay court ordered child support" - they can hold those things against you even if you have an 850 FICO score. 

Alas, we are expecting our first child in May, and I'm seeking to transition my primary revenue flow to real-estate.

With the gov't announcing $1,200 per person payments, $500 per child, and expanded unemployment benefits, we believed all tenants should still be prioritizing their rents, immediately after food.

The live in daughter decided since she was the only child to take care of mom she should be the only one to benefit from the sale of the house so she listed it for sale, found a buyer and conveyed it as AIF using the POA and deposited the proceeds in a bank account held jointly by mom and the live in daughter. 

@Jaysson Brooks@Chris LevarekHere 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.

The seller wants to stay on as a tenant for a year as their child finishes school and then they will move... at a reduced rate of $1525.00 per month.