.), but I've been hearing from others that corporations with 500+ employees are eligible for forgivable grants & Economic Injury Disaster Loans (EIDL) if they *promise* not to fire a certain percentage of their workforce, among other requirements.

🌎I think it goes without saying we are all in the beginning of the shell shocked stage that this Covid-19 is bringing and will bring to our local, national and global community.

@Michael AblanUnder the TCJA, taxpayers (other than C corporations) were limited in utilizing net business losses (i.e., business losses in excess of business income).

I'm hoping to find a place in Colorado Springs CO- preferably 80906 zip code- to rent out as a corporate lease for 1 year.

You actually did what most large corporations did as the virus news became prevalent...they maxed out their credit lines. 

“Previously, if a married couple had depreciation deductions that exceeded their real estate business income, the couple could claim that "loss" to write off taxes on a maximum of $500,000 in income from other sources, like wages from a day job.Under the change, our rich taxpayer couple -- and this applies only for individuals, not corporations -- can now deduct an unlimited amount of "excess losses" in real estate against income from other sources.

There may be some changes, but I think the biggest shift to Real Estate may be those landlords that rent space to big corporate headquarters/offices. 

Hi,
Maybe someone here can provide me some feedback on my first short term lease opportunity. An insurance company placement service has negotiated a displaced tenant's stay in one of my homes and I have accepted t...

Previously, if a married couple had depreciation deductions that exceeded their real estate business income, the couple could claim that "loss" to write off taxes on a maximum of $500,000 in income from other sources, like wages from a day job.Under the change, our rich taxpayer couple -- and this applies only for individuals, not corporations -- can now deduct an unlimited amount of "excess losses" in real estate against income from other sources.

Under the CARES Act, net operating losses created in the 2018, 2019 and 2020 tax years can be carried back five years with no limitation on their usage.LIMITATION ON NET BUSINESS LOSSESPrior loss limitations imposed under the TCJA are suspended.Under the TCJA, taxpayers (other than C corporations) were limited in utilizing net business losses (i.e., business losses in excess of business income).