Byron W.
Have rental applications slowed down for you during quarantine?
22 April 2020 | 14 replies
Looking to get an idea of how many rental applications people are receiving now vs during normal times. I listed a new unit for rent in the Bronzeville area last month and applications have been really slow. Wondering...
Account Closed
Corona, Lime, and Vacation Rentals- What’s Next?
15 April 2020 | 0 replies
Withthe Corona Virus becoming a household name quicker than Usain Bolt running the100M it has people quarantined all over world asking questions.
Evan Bonnell
Cashing out 401k due to COVID-19 $100,000 PENALTY FREE
27 December 2020 | 32 replies
@Evan Bonnell the law, as relayed to me by my solo 401k provider (@Dmitriy Fomichenko) in a newsletter this morning includes the following hardship provision:Has experienced adverse financial consequences as a result of being (a) quarantined, (b) furloughed, (c) laid off, (d) who has reduced work hours that is due to SARS-CoV-2 or COVID-19, (e) who is unable to work due to lack of child care due to SARS-CoV-2 or COVID-19, (f) closed or reduced hours of the business the participant owns or operates due to SARS-CoV-2 or COVID-19, or (g) any other factors as determined by the Secretary of the Treasury.Your lack of child care should qualify as a hardship.If you can weather the tax hit, and you are concerned about income/tax burdens in retirement, maybe consider doing an in-service conversion of $100k to the Roth portion of your 401k (if your plan has it, and if it permits you to convert).
Stephen Bethel
Using the CARES Act Retirement Waiver
22 April 2020 | 1 reply
Granted they are relatively liberal, including being quarantined, being furloughed, being unable to work due to lack of child care, owning a business that is closed or under reduced hours and frankly any other reason the IRS decides it is ok.
Tiny Johnson
Potential rental property invester: What is Step 1?
6 May 2020 | 16 replies
This is easier than ever now that the whole world is in quarantine.
Katelyn Latour
Charlotte/LKN NC Contractors
17 April 2020 | 3 replies
Have a great quarantine weekend!
Justin Veldman
Canadian Realtor Employment Question
17 April 2020 | 0 replies
I am currently considering taking an online course through Humber College to begin acquiring my Realtors License while I'm off of work during quarantine, but had a question that I can't seem to find an answer to.
Cindy OBrien
Will Coastal Properties Hold Their Value?
16 May 2020 | 11 replies
IMO only two logical things can happen over the next 6+ months: things stagnate / move little, or go down (depending on how long this COVID / quarantine lasts, which I think will be 6-18 months in some form of social distancing and reduced group activities).
Anthony Mirabile
Buy & Hold :: University of Dayton Mega Block Property - Deal #2
27 April 2020 | 9 replies
I think your biggest hurdle moving forward will be to get it leased for Fall 2020 since COVID-19 quarantine has but a stop to a lot of stuff.
Chabane Maidi
What happens if the universities don't return in the fall?
2 May 2020 | 20 replies
Wouldn’t be surprised to see them ask students to sign some sort of quarantine pledge in August.