Sam Cannata
1031 Exchange Extensions
10 April 2020 | 8 replies
She went on to say that as investors, it is still our obligation to submit within the 45 days and only upon receiving a letter from the IRS allowing us to resubmit identified properties with an extended period would we have a legitimate extension.I'd be curious to know if anyone has more definitive intel on this kind of relief/stimulus extension.
Sam Cherry
Landlords don't need the SBA for the crisis they need Section 8
24 July 2021 | 41 replies
I am warning you after seeing this many times with "hurricane relief" through the SBA.
Andrey Y.
I am offering my tenants a Covid-19 RENT DISCOUNT
5 April 2020 | 61 replies
Of course you can provide relief individually!
Matt Higgins
Life isn’t going back to normal anytime soon is Real Estate?
10 April 2020 | 84 replies
From what I read, their landlords, who are corporate owned because these are apartment complexes, responded much like the soup Nazi, no relief for you.
Nitanga Jean De Dieu
relief for homeowners
1 April 2020 | 0 replies
Provides relief for homeowners with FHA, USDA, VA, or Section 184 or 184A mortgages and those with mortgages backed by Fannie Mae or Freddie Mac from falling behind on payments.
Zulf H.
Is there support for rental tenants to pay rent - Chicago, IL
30 April 2020 | 7 replies
They'll have to provide documentation that they lost their jobs of course and apply for the relief with the city and the city will help them pay their rent.Also, hopefully, they are receiving soon money from the government, that money is also given to help with their rent and bills.The problem with pushing rent payments or mortgage payments for 3 months is that they are all due the 4th month all in full, so how will they pay in month 4 - 4 rent payments?
Allen Ho
Main Street needs the bail out now!!!
3 April 2020 | 1 reply
If they had work, and are now laid off(which they must have been or COVID wouldn't be your issue), they need to apply and they will get benefits, and really ought to be able to afford rent, or at the very least a good portion of it.Additionally there is A LOT of information available on the internet right now about Small Business Disaster Relief loans, which can be used for different things and can even be forgiven if used for the right things.
Jaysson Brooks
CARES ACT: Penalty Free $100K Loan from 401K?
22 April 2020 | 9 replies
@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.
Kirk R.
stock market stupid prices?
18 April 2020 | 44 replies
Leverage rather than margin was been a more manageable exit, BUT once you hit free & clear it's a great relief & allowed for an early retirement.
Demarcus Crump
CORE FOUR: ATLANTA, GA.
27 April 2022 | 6 replies
I'm a General Manager for a local construction and disaster relief company here in Atl, also specializing in the design build process.