I agree, I think this is more than just corona virus at this point.

There are shielding techniques if you can't get away to try and take out one attacker at a time.When you have been attacked in real life you don't let it define you but carry it with you as a reminder to be cautious and ready while still enjoying life to the fullest.

Landlords are supposed to pay all expenses for the property, including property taxes, mind you (ahhh...the irony), while tenants live for free even if they have not been financially affected by the virus at all (which the vast majority still have not).  

As far as your 1031- with the short timeline to identify and then close, if you’re interested, I have a financial planner contact that provides a 1031 backup option/alternative which helps shield the proceeds from capital gains in the event that the property lined up for the 1031 falls through.

They can help to compartmentalize your investments, so if one has a bad financial outcome, the others can be shielded, provided you follow all the correct steps.

They seem to operate a bit like the stock market... they can get spooked by world events and need time to settle back into certain products that to us seem "normal".I went to another bank we use and where they hold one of our mortgages and they said, "We have the product, we just aren't writing it right now"... which leads me to believe it's a pretty standard pullback given the concerns over how the corona virus will impact any particular market segment.  

It was a result of tenant actions that occurred prior to the virus being in the country.

@Christopher Smith I was wondering the same and been thinking that one benefit of LLC is that one can shield other assets such as 401k if something goes wrong.

You're going to depreciate based on your purchase price (less the value of the land), not based on the appraisal.You will have a tax shield from that depreciation.

For starters:1) huge capital gain exemption shielding an enormous amount of appreciation2) interest rate deductibility (less effective since the standard deduction went up but still often useful.)3) a federally subsidized secondary market creating loans at right around the cost of inflation .