See you around the forums and keep safe for now!

Be safe & stay healthy.

Anyways, I'd like to find a better solution that is cheaper.

Seller financing has become considerably more complex since the emergence of the SAFE Act and later followed by the passage of the Dodd-Frank Act.

As far as your tenant being safe in the health care industry, as strange as it sounds, many doctors and nurses in the US are getting laid off right now.

seems like the simple solution is to make a small payment every month so it shows up on your credit report that you made a payment. 

If you lived there 5 years, you should be safe. 

If it was me I would increase the vacancy and repairs percentages to be safe.

I’m sure as many people on the forum discussed if the tenants are good tenants and are having issues during this time I don’t see why we as landlords can’t try to come to a reasonable win win solution.

Now, if there were some grey areas where you made a decision to write something off immediately as opposed to depreciate it, such as through the De Minimus Safe Harbor, or you chose Bonus Depreciation instead of choosing to depreciate it over its useful life, that's one thing.This is probably the sixth time in the last 2 weeks I've heard "my mortgage broker suggests I show income of $60,000 this year" or "my mortgage broker wants to know if you can move this from Schedule E to Schedule C" and any other number of complete bull-oney that makes me wonder what the heck these brokers think they are doing.