So far only one tenant has asked for relief and she is catching up.

IRS Extends Tax DeadlinesThe IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway.

An approved combination temperature and pressure-relief valve and relief valve discharge pipe shall be properly installed and maintained on water heaters.

There has obviously been a lot of discussion about this already, but I wanted to put together a single list of available relief programs and other resources landlords and investors can take advantage of right now.I hope this helps somebody during these challenging times. 

“We have been getting a lot of questions about [section] 1031 exchanges, and we are working on FAQs that will help explain what the relief is there,” Jennifer Auchterlonie, special counsel to the IRS associate chief counsel (procedure and administration), said April 14 on a webinar hosted by the American Bar Association Section of Taxation.According to Tom Greenaway of KPMG LLP, some taxpayers are confused about how the expanded relief provided April 9 in Notice 2020-23, 2020-18 IRB 1, applies to the deadlines for complying with the 45-day identification period and 180-day exchange period required under section 1031(a)(3) and Rev.

If they don't follow certain rules on how and when to use the funds then the loan may not be forgiven and the bank will still want to know the borrower can repay.On the retail strip center side most tenants are sending letters asking for 3 months rent relief.

I wanted to share a great website for everyone in the state that offers other relief funds from local charities and organization.

https://www.cnbc.com/2020/04/16/small-business-rescue-loan-program-hits-349-billion-limit-and-is-now-out-of-money.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard&fbclid=IwAR06w9mvVCRp0lzFdIMO...

But you've not moved in yet so there's not any partial relief available.But...

I think everyone of us who have a mortgage have from 3 to 6 to even up to 12 months of relief available.