Should I just take my losses?

Doug Ducey on Monday issued a statewide "stay-at-home" order to stop the spread of new coronavirus, barring Arizonans from leaving their residences except for food, medicine and other essentials.The order will take effect at the close of business Tuesday."

@Max RievesIt doesn't sound like a single member LLC if you have other members who are investing capital.Regarding multi-member LLC's, you want to keep track of everyone's basis, which includes contribution, share of profits/losses and distribution.You may also have a requirement of issuing a K-1 to each investor.

Due to the certainty that losses are almost certain for any landlord right now because of the situation, I think it makes sense to apply for anything you can approval for now because it will take some time to get approved.

I'd be reasonably impressed if it was 25% of the rents for the reservation so at least AirBnB is splitting half the losses with me, while still giving guests their free refunds.  

Seeing the current covid-19 scenario, jobless numbers i am thinking of walking away from my contract to minimize my loss.

Seeing the current covid-19 scenario, jobless numbers i am thinking of walking away from my contract to minimize my loss.

I am not able to purchase any other house without using those funds, so I am stuck staying in this Airbnb shared with a guy who coughs all night long and doesn’t have a car, always bothering me for rides and rolling papers, ect, eating my food, and yesterday he was yelling and waving a large kitchen knife around threatening his “friend of twelve years” and scaring the crap out of me. 

Food for thought.Hearing 100 laypeople's legal and tax structure is likely to be of less help. 

The tenant wants to turn the property into an event space, beer garden, and food hall business.My concern/question is, with all this corona virus, do you think the prices of commercial real estate will go down significantly?