Taxpayers who may have made expenditures during calendar year 2018 and who have already filed U.S. federal tax returns for 2018, may be entitled to tax refunds based on the retroactive application of this amendment.

He has $4m in rental property mortgages, they wanted him to have 50% of that in reserve... $2m in a checking account.

@William Tomp a lot also depends on your level of experience and reserves.

Defensively, we should set aside ample reserves to deal with situations like this. 

Financing will require more down payment and reserves.

Smeck said there have been discussions at the federal level of a moratorium on foreclosure, but so far nothing has been implemented.

Is this to go towards a property plus your reserves or only this?

It is also unclear if his order is going to apply to existing reservations that have check-ins within the next 14 days. 

Do they have reserves?

The dollar is the worlds reserve currency and will remain strong.