Please note that the account into which the funds are deposited must be the same type of account from which the funds were first withdrawn (e.g. withdrawal of pre-tax funds from a 401k could be deposited in a pre-tax IRA but not a Roth IRA - "like to like").Loans:Payments on a 401k loan taken under the CARES Act must be paid back starting in 2021 over a 5 year term.Here are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.

Hey everyone,I'm currently in the process of evaluating real estate strategies going forward and attempting to convert the substantial equity I have in two single family homes into cash flowing multi-family properties seems to be an appealing possibility, but I'm not totally certain on how the process would unfold, so I figured I'd put it before the public for advice.

Trump may attempt to get the head of the CDC and/or HHS to say "Evictions are bad, and evictions could result in a spread of the virus, so therefore none can happen".

Trump may attempt to get the head of the CDC and/or HHS to say "Evictions are bad, and evictions could result in a spread of the virus, so therefore none can happen".

This strategy makes more sense when you have a property free and clear and your attempting to drive comps up in a neighborhood.

Over the past few months I have began working with individuals in my local area in an attempt to develop actionable steps and have began finding that it might not be as straight forward as some of the podcasts make it out to be. 

Slowly but surely and bouncing around from jobs, I ended up picking up a security job and studied over night.I attempted several business ideas, a nutritional supplement company, day trading, etc.

I have been researching in an attempt to identify the county/region in Florida that is ideal for an investment property purchase.

Can they still attempt recover some portion of the cost of the damage to the wood paneling if they don't replace it or have a receipt for replacement materials?  

That should be a crucial consideration as Congress attempts once more to compromise on a new coronavirus relief package.