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22 April 2020 | 9 replies
@Jaysson Brooks@Chris LevarekHere are the details regarding the loans:NEW LOANS:The CARES Act which was enacted to provide relief to individuals impacted by COVID-19 allows for increased 401k loans and more flexibility for repayment of these loans.Specifically, you must be an individual who meets one of the following conditions to demonstrate that you have been impacted by the crisis (and it will be your responsibility to retain documents in your files that demonstrates that you are a qualified individual):Individual who is diagnosed with COVID-19, with a CDC-approved test;Individual whose spouse or dependent is diagnosed with COVID-19, with a CDC-approved test; ORIndividual who experiences adverse financial consequences as a result of being quarantined, furloughed, laid off, having work hours reduced, being unable to work due to lack of child care due to COVID-19, closing or reducing hours of a business owned or operated by the individual due to COVID-19; or other factors as determined by the Treasury Secretary.On or before September 23, 2020, such individuals take a 401k participant loan subject to the following terms:Maximum Amount of the Loan: 100% of their 401k balance not to exceed $100,000.
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16 February 2022 | 27 replies
The seller wants to stay on as a tenant for a year as their child finishes school and then they will move... at a reduced rate of $1525.00 per month.
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19 March 2021 | 9 replies
the IRS considers that boot (profit you're taking out) either in the form of cash or a reduced mortgage.
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3 April 2020 | 5 replies
Located a short 10 minute walk from ___ hospital, this would be an ideal home for healthcare workers looking to reduce their commute time.
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2 April 2020 | 9 replies
Keep this in mind, the reduced interest doesn't happen until the end of the mortgage schedule, and any money source that you use of yours to put into the property is a cost to you.
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8 April 2020 | 13 replies
My feeling is that a lot of companies are going to think more critically about embracing employees working from home, both from the ability to reduce overhead in rent/lease costs, but also because employees are going to become more efficient doing such.
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2 April 2020 | 2 replies
He was able to cut staff to the kitchen, cut his other overhead and got the landlord to significantly reduce his rent.
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2 April 2020 | 7 replies
This sister also maintains that the third charge is the pivotal charge, which may likely be reduced to reflect that of a self-defensive nature.
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2 April 2020 | 10 replies
I would imagine the townhome is in an HOA -- as a result, this monthly payment will increase your monthly payment, reduce your buying power, and potentially eat into your cash flow.
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2 April 2020 | 13 replies
It helps to remove assumptions and unnecessary stress.