During the potential 360-day forbearance period, no fees, penalties, or interest beyond the amounts scheduled or calculated as if the borrower made timely contractual payments shall accrue on the borrower’s account.Reciprocally, servicers may not collect any such fees, penalties, or interest during this forbearance period.

I'm sure if/when it does you'll see everybody and their mother saying "I told you so", but they've been telling us so for forever now and it hasn't come to pass.You may be right this time, but it's just made me very aware that I don't have the market knowledge or sophistication to place any bets on that being case.

I calculate about an 800 dollar mortgage while collecting 1400 rent.

We are not talking about taxes about acquisition or disposition we are talking about taxes incurred on property that is held and it currently is not held for collection of income as it has not been placed in service. 

I used to collect rent from my tenants and I wasted so much time and just overall annoyance by trying to track it down.  

Now you are probably stuck with them for 4 more months (and may not even be able to collect a penny, if some proposed NY bills go thru).

Mean while, the lender, or investor, or aggregator that holds the loan, must still pay their bond holders for this loan even though they cant collect the payment and cant foreclose.

Will collect applications for each of the potential tenants and include all on the lease.

I am working from home and collecting a full paycheck. 

You are only taxed on your 'profit' meaning you enter the full amount of rent you are collecting, but also expenses (interest, property taxes, condo fees, insurance, etc).