A good CPA can help people use strategies that minimize the overall impact of those taxes by controlling the timing.

This means you must have been diagnosed with coronavirus, have cared for someone who was diagnosed with coronavirus, or have been financially impacted as a result of the virus or any shutdowns.If you don't qualify, the distribution will be taxable and subject to the 10% early-withdrawal penalty.Second, you cannot accelerate the depreciation of real property.

Breakdown the issues with the building, the numbers attached to rectifying those issues, and how in your opinion that impacts your return and therefore what the building is worth to you.

That’s going to have an impact on your returns as well.

@Anthu TamI would worry more about your DTI that could be impacting your credit score.  

I just emailed my agent to see if it is covered and what cost impacts this may have.

Personally I am waiting for a critical point that will likely tell us a lot about COVIDs impact on real estate.

I’m guessing it’s impact on your family’s lives to be hugely beneficial.

In Florida if the MH was actually installed at one point & paid for the impact fees then this old junkie home would be holding impact fees by being there. 

@Mason Scholtes I'm not currently seeing any major impact on the Spokane market in terms of property prices.