House hacking is an incredible way to get into buy and hold real estate investing with a relatively low financial barrier to entry… plus the added benefit of reducing housing costs!

You can reduce your overall taxes with real estate, but to eliminate it completely is unrealistic.And if you have a $1.5M business, you need a tax strategist on your team, someone who knows not only how to prepare tax returns but how to minimize taxes by planning ahead.

Taking a more defensive business posture - stock up cash, reduce risk, be prepared to adjust holdings quickly - seems like a given. 

IMPORTANT UPDATE ON EIDL MAXIMUM LOAN AMOUNTSGood evening BP,I have very unfortunate first hand knowledge from the SBA & Treasury:The EIDL Max loan amount will be reduced for all EIDL loans to $15,000.

This morning I set down and made a list of all of my mortgage payments and what I can reduce rents to for every property, so, that I can still pay my mortgages and give relief to my tenants. 

With all that is happening right now, I'm looking at reducing my down payment, so I need to go over my numbers again.

I did have a tenant call me about about reduced work.  

The effect that your anxiety is having on your ability to make a decision that you feel good about.2.

I have enough assets to purchase my target US properties in full cash, but that would significantly reduce my purchasing power and defeats the core benefit of any RE investment, leverage.Your opinions are appreciated, thank you.Scott

I mentioned that I think it's going to get worse and drag on, which will reduce prices.