Please let me know your thoughts and any advice on how you have minimized the impact of franchise and excise tax on your properties? 

If the economic impact COVID hits real estate hard I could see deals coming to does sites.

We wanted to make an impact in our community and believe that affordable housing is and will continue to be in shortage.

No, but you have to be able to know what you are talking about as your decisions will impact every single aspect of these. 

If and when congress starts to cut back on spending, then I believe we will really see the true impacts of this whole situation we are currently in.For now I will eat the taxes on my 1031 (identification ends in about 3 hours), wait on the elections / see what the political agenda has in store for us, and then consider investment strategies.Here is another question, where would you seek to learn about other types of investments outside of your comfort zone?

I'm a firm believer of "You are what you think about" and the Law of Attraction, so to switch up the narrative a bit, I'm curious to hear from those who are willing to share, how has COVID POSITIVELY impacted YOU and/or YOUR REI strategy??

But I gotta confess it's hard for me to see debt having a huge negative impact on the performance of your next asset.Here's a couple thoughts you'll need to keep in mind with the 1031.1.

I will be contacting my local legislators to discuss the negative impacts this would have.

With current conditions seeming to have an impact on current rates and down payments required.

It's all very open, and as long as it doesn't impact our primary work, no one cares.