Many were hopeful IRS would have made an announcement regarding filing due date relief, but it's understandable the Coronavirus is testing emergency plans of every business, including IRS.Generally, no taxes were due yesterday since income/losses from partnership and s-corp returns passthrough to individuals.

Perhaps it doesn't matter if it's the LLC or an individual if both are disqualified individuals relative to the IRA.Once again, I greatly appreciate your feedback.

I would not use this to make individual investment decisions, but rather as a tool to help me think about my investing strategy at a macro level.

For context — it is a group of 5 individuals that will start this journey with me.

Think of each property as their own small business, and try your best to have a 3 month reserve for each individual property's mortgage.

Wholesaler –Individuals or Companies that have Properties Under Contract.

Our ability to work with a tenant is greatly increased when that tenant shows that they care about our situation and seeks to fulfill their financial obligations by utilizing programs intended for that purpose, rather than choosing to put us in a situation where we lack the funds necessary to pay the bills associated with the rental property.3) The NH state government has issued an order to provide "immediate access to unemployment benefits to individuals who are unable to work or who have reduced hours due to the COVID-19 pandemic".

It will vary a lot depending on the individual lenders. 

Late filing or late paying penalties and interest will not be charged and no extension filing is required for the 90 day extension period.Though tax season has been extended I would highly encourage all businesses and individuals to have their returns complete by the normal due date.

The numbers:Two sites - an 80 site lot and a 29 site lot, both in the same town.Lot rates - $265/monthFirst lot is City water and sewer, billed back to tenants.Second lot is City water and sewer, individually metered.Electric and trash are also billed back to tenants.Occupancy - 45%Built in 1983City Population - Approx. 35,000Park is all tenant owned homes, with the exception of 5 units.