The IRS recently provided guidance regarding eligibility under the CARES Act and specified that a qualified individual includes an individual who has a reduction in pay (or self-employment income) due to COVID-19.Distributions:If so, you can take a penalty-free distribution (as well as waive the 20% withholding requirement) from your 401k (assuming that the employer allows it) anytime between 1/1/2020 and 12/31/2020.

Both my parents have passed away and I am the Trustee for the estate.

Hi - I have a bit of a complicated tenant situation. I rented  my house out to four roommates who all signed one lease. Three of them moved out this past Aug 30. However, one roommate decided to stay an extra month an...

My parents are closing on the sale of their secondary home in a couple weeks. 

From wholesaling, I wish to pay off my tuition and to help my parents to pay off their mortgage.

The apartment status for each 4 apartments is as follows;#1L: Demo and ready for rebuild#1R: Tenants in process of eviction - no guarantee of removal prior to closing (i placed it in the offer that they were to remove him)#2R: Withholding rent due to code violations#2L: Tenant had RCAP (assisted rent) although they will not pay due to porches needing to be brought up to code.

It was not mentioned to my lender that the title for my parents home is under my name, mortgage free.

I currently live at home with my parents in a suburb of Cleveland Ohio.

I'm the marketing coordinator at a company in the area and living at my parents as I save money.

My wife and I have been talking about a beach house these last few years so that is my first instinct to go in 50/50 with her parents and buy one to rent out.