More on CARES Act The CARES Act is a retroactive amendment to the bonus depreciation rules, which should allow taxpayers to claim 100% bonus depreciation for “qualified improvement property.” 

Has anyone worked on a notices/amendments/disclosures for Covid-19 for tenants and or landlords?

It basically said we were amending the contract to match the amortization schedule to the mortgage and everything else stayed the same.

Attach the statement to the amended return and write “Filed pursuant to section301.9100-2” on the statement.

Consult with your tax advisor whether amending your 2018 tax return(s) makes sense for you.

Of course, at this time that is nearly impossible to do, but if the economy returns to normal over a 3 year period, the $100K left in the current plan would probably see a pretty good return.If you put the money back into an IRA/401(k) by the end of 3 years, you then need to file amended tax return(s) to get the refund of the tax paid. 

Allows you to also amend prior tax returns to get this benefit.

Carryback is related to NOL'sRE pro allows passive lossesDifferent types of lossesBut if you qualify as RE pro in a year it does not Free up your prior losses at all, and you can't amend to utilize them beacuse you didn't qualify in those earlier years. 

Furthermore, this proposal disproportionately puts the burden on property owners for other expenses that are still due (state property taxes, maintenance, utilities, etc)I don't pretend to be a constitutional scholar, but the 5th amendment appears to bar this exact proposal: "nor shall private property be taken for public use, without just compensation."

Problem is I signed an amendment that says" buyer and seller agree to extend closing date if necessary" no other specifics included.My original approval was based on rental income only,(from other properties) no job.