Both of these conditions must be met.In either event - You either purchase less than you sold, or you take cash out of the transaction, you will pay tax on that amount. 

All of the financial gurus are saying that this will be a short-lived event, and with the government stepping in to provide massive relief to homeowners and renters, there isn't going to be that much opportunity any time soon. 

At some point we'll look at this time in the rear view mirror.Events like this always seem bad while your in them but (IMO) it's foolish to make investment decisions which are long term by nature, based on short term events.

While this surprisingly represents a pay back or ROI equal to 24 to 28 times the cost of the PCA in which event I can assure you this certainly isn't the norm for every PCA we provide, it does illustrate how a PCA designed to best serve a client's needs, conducted according to document ASTM E2018-15 Standard Guide for PCAs can often pay for itself and a whole lot more.

Just seeing this and looked up the event. 

This website has the links to a lot of the different local meetups. https://www.renascentmastermind.com/new-events

.- Large group gatherings, including Real Estate investment networking events, are not allowed at this time.

The filings were well known events that manifest in the unemployment filings reported that were, more or less, expected.

@Kyle BergrenI'm not currently bidding on properties.Buying anything right now during this high volatility takes on unecessary risk for no additional gain.If the economic fallout of current events are bad (which they very well might be) then I don't want to be buying at all while prices are still high.

That will be plan C.I normally get most of my business from VRBO at top dollar.I have lowered the price some due to the situation and I have been tearing it up from the bargain shoppers and non planner's on Airbnb.So I am happy for the moment but want to get back to the higher paying VRBO customers.