Ordinarily the deposits get paid to the buyer at closing.

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Ordinarily, I would 100% agree that we would NEVER touch a retirement account for something like this, but because it's part of the CARES Act, the following is true:- The 10% penalty is waved- All taxes will be reimbursed if repaid within 3 years- There are no requirements on how to spend the money (this is of course different than if we were to just take a distribution outside of the CARES Act)So... we actually moved forward with this plan.

I have tenants who are due soon who I'm strongly considering either not raising rents on or offering short term renewal options (2 things I'd ordinarily not do), just to keep them happy and make sure I don't have to show a vacancy before the fall.My suggestion would be something similar.

Ordinarily people should be holding cash as much as possible at a time like this and things seem to be changing almost daily.

@Jacob Bowman how is your water/ sewer metered, if it is metered by the water company you may be able to give them a call, even ask for your usage data because now "you are trying to conserve"  It does seem incredibly suspicious, but you also need to know how your water/ sewer is ordinarily billed to make a determination, is it actually based on your usage or does the landlord take the bill for the entire building and divide by the number of units. 

Ordinarily, we would be actively looking for our next two projects, but I fear we  potentially could be buying a bit high right now and future ARV's will decrease. 

Under IRS Notice 2020-23, generally any return (along with payment) that ordinarily is due within the window mentioned above, the new due date is now July 15th, 2020.

@Nick Weston - A house hack may be a good play as housing is ordinarily a fixed expense with the IRS giving favorable treatment to the gain on the sale of one's principal residence, exempting that amount up to $250k if you are single and $500k if married provided you have owned the property for 2 years at the time of sale. 

Almost made to feel this was an odd request and "Ordinarily, in all commercial leases, theres is a provision with respect to a renewal option that the tenant must exercise with in a stipulated period prior to the expiry of the lease.