Some tenants may be affected in a negative way.

.- Would this transaction trigger any negative (or positive) tax consequences? 

Hi Babek,On a positive (Negative) note--Coffin sales will be way up.The glass is either Half full or Half empty it all depends on how you look at it.Life is what you make out of it, and even during a Depression money is still being made (not everyone is down and out).Just my 2 cents.

having a bunch of rentals with only 20% equity in a buyers market is NO equity its negative equity in most instances.. so its a false net worth really.that all said NOT everyone is going to lose their job.. so I don't think you will see vacancies of that magnitude and I think we just all have to stay afloat for the next 3 to 4 months. 

And would probably have a negative cash flow of a few hundred dollars a month, best case.Obviously I'm pretty new to this, so maybe my numbers are way off or I'm missing something here but it just doesn't seem feasible to keep a tenant in the unit and cover all the expenses.Refinancing would help with those numbers a little, but I don't think I could cover closing costs to refi and still have money left over for the move to Oregon and wouldn't even be close to enough cash to buy a property after I move, even with an FHA loan.

A bunch of overblown pannic bs is affecting real people negatively.  

It feeds on itself the negative sentiment. 

The problem is I only have around $3k and can't get started with that.

But I only have myself and husband in the L.L.C. as we are just getting started into the real estate world. 

My theory is that the guests were not able to procure TP (I only provide a starter supply), so they resorted to using my towels and threw them away.