You'll only survive for as long as you can weather the storm.

I'm hoping based on the opinion of an associate (former CFO of The Health Care REIT and current financial manager for a family office in Manhattan), that Biden's elimination of step up in basis and 1031 won't fly as the entire global Re business pretty much "survives" based on these two allowances.

@Theresa Harris thank you for the reply.

Those who will survive will be those who are able to ride it through and not be put into a situation where they will have to sell. 

What @Theresa Harris said.

@Theresa Harris Yes, my lease does prohibit using the deposit to cover the last month's rent, but sometimes tenants ignore the lease.

But most people don't do this and have no savings, no emergency fund and no way to survive if they lose their job or if COVID shuts down their business.A friend did this, putting $100 in a brokerage account on payday - so she barely noticed that she had it.

Also, for lawyer Harry Marsh law is used among investors as they are used to handling all sorts of deals and have very fair rates.

@Tyler Stone they never closed this past semester and seem to have survived well, unlike other schools.

@Dale K Poyser @Christine Kankowski @Theresa Harris thank you all for your tips/suggestions!