Changes to the tax code are inevitable because our government can't keep increasing the national debt indefinitely.  

I work in a government office where I see investors make mistakes everyday.

If the local economy is dependent on 1 big manufacturer or industry, it may be a game changer for that location but if the local economy you are investing in has a good mix of solid industries that will either grow or remain well funded through (think government, public education, military) during the slow down, then you may be ok.  

Thanks for sharing @Chris Seveney While finding a workout and repayment plan is always preferred over foreclosure it is an interesting situation for forbearance and then potentially eviction being mandated/delayed by the government without any solutions for the underlying cause. 

But, I would never invest in California rental real estate, because the entire government seems to think that owners are evil and creates laws accordingly.I do not like condos as rentals for reasons I have posted multiple times on BP.Sounds like you still have some equity in the property.  

The federal government will be channeling the relief monies through individual states.

Will we see a relief of taxes when the government starts to receive estate money?

It is being drafted by housing activists, and further changes are possible in the legislation.https://www.elections.il.gov/e...To date the government has done nothing to help.

The eviction moratorium is only for non-payment of rent and it's only applicable to homes that are financed with a government-backed loan (FHA or VA).

COVID is being used as an excuse to create new regulations that stifle private property rights and contract law while padding pockets and empowering government.