Originally posted by @Mary Jay:Originally posted by @George Blower:@Mary JayWhat you are referring to was authorized under the CARES Act which is one of the recently enacted stimulus bills in response to the COVID-19/Coronavirus Crisis.While it's true that your employer has to agree to allow their employee participants to be able to take the type of distribution that you describe, please note the following details:Assuming that you have been impacted by the virus in one of the enumerated ways and therefore qualify, you can take a penalty-free distribution (as well as waive the 20% withholding requirement) from your 401k (assuming that the employer allows it) anytime between 1/1/2020 and 12/31/2020. 

Mayor Wade Kapszukiewicz announced in June that implementing the 2019 law would be delayed, at least partially because complying with the existing law was unrealistic for property owners and tenants because of the coronavirus pandemic.If passed, the new proposal would be a repeal-and-replace of the current law.It includes a five-year compliance schedule, with the first properties required to be compliant by June 30, 2022, and the final properties to reach compliance by Dec. 31, 2026.

Corona Virus 2.

My understanding is the mortgage company will tack the payment on the back end of the loan for coronavirus, not require it all up front at the end of the coronavirus epidemic but you are not current now so not sure what their position will be.

I recently starting thinking about what to do if one of my tenants has problems paying the rent due to the Coronavirus and job layoffs. 

1) Read Rich Dad poor Dad2) Get the best paying job you can (two jobs are better than one) (wait until the Corona Virus is over).

I fear that the upcoming bailouts and cash give-aways by the federal government because of the corona virus will affect the markets in many different ways.I am terrified that printing/creating trillions of dollars will cause my $60,000 cash to be cut in half or more in real dollars by inflation.

The recent coronavirus events, jump in mortgage rates, and potential economic uncertainty has me spooked so we are carefully considering whether to continue through.

I have 150k in stocks at the moment that are currently dropping because of the Coronavirus epidemic and I’m looking to take my investments and put it all into real estate.

Originally posted by @Theresa Harris:In Canada, the 6 big banks announced that they have options for mortgage payment deferrals for up to 6 months for people affected by the coronavirus.