The CDC moratorium was originally set to expire on December 31, 2020, but the protections were extended by Congress under the Consolidated Appropriations Act, 2021, and further extended by another order from the CDC.Protection under the moratorium is not automatic.

we dont have many rentals and when we do its only a stop gap until we can exit.but I got contacted by an agency that places insurance clients who have been displaced or higher end folks who are building a new high end home that is going to take a year or more.So did this in Vegas and spent maybe 10k on furniture and fair market monthly rent is 2k or so and they are paying me 4500. for turn key. with a 6 month minimum.. that keeps getting extended for this one property.. so if it goes 6 months then that's fine then i can pop down and use it when i want to .. did another one out in Indy same thing rents 900 they paid 2500 for 6 months and a big security deposit..

There is a possibility to extend it also.

We typically work with hard money lenders, but since we have an extended period of time to close on this deal, we are looking for local banks that can finance our deal.

If we rent it to a multi-generational family or to a family with extended family then we will likely be able to rent it for a fair (to us) price.

Future tax laws could eliminate it for certain income brackets, or, extend the standard depreciation over far more years (than the current 27 and 39 year period).

So they'll. go ahead and put a contract in on that perfect new one and get a contingency like you did or an extended closing date. 

We waited until the last two weeks of the rehab to call our cabinet company and it ended up extending out our deadline by a week.

We waited until the last two weeks of the rehab to call our cabinet company and it ended up extending out our deadline by a week.

Note that, due to COVID, the turn time at the IRS are much extended even when title requests it.