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Earlier this year, the IRS issued guidance extending the time periods for individuals currently in a 1031 Exchange due to the Coronavirus pandemic. IRS Notice 2020-23 provides that those performing time-sensitive acti...
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I currently have tenants scheduled to move out end of August as per the lease they signed. However, when I reached out to the husband he told me that they didn't feel comfortable having people come through because the...
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I'm a fairly new investor with a lot of my cash tied up at the moment in properties. I was marketing every day looking for properties to purchase...but now with cash tied up and some PML's and HML's are on hold so buy...
My sister lost her place due to the coronavirus and is staying at my apartment right now. Can this be a an issue with the landlords if she is not on the lease.
Hi, I have a deal that is already in escrow since January. But now the coronavirus outbreak has gotten so much worse, I feel that the housing market is going to crash sooner or later. Is it fair to ask for a price red...
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What does everybody think about the Cancel Rent / Can't Pay May movement?I see some state representatives like Summer Lee are introducing bills that cancel rent and mortgage payments.I am curious how this works for In...
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How are you guys on payments now that we're entering July?https://www.cnbc.com/2020/07/08/32-percent-of-us-households-missed-their-july-housing-payments.htmlAs the economic fallout from the coronavirus pandemic contin...
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Hi All: Here's the executive summary - despite the headline, it ain't rosy. Mostly this deals with the office space, but there are multifamily residential implications. Enjoy - and I'd love to hear your feedback. Mike...
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COVID-19 continues to hit the U.S. hard. There has been a lot of discussion as to what kind of impact, if any, the latest stimulus bill will have on tenants who are struggling to pay rent month-to-month.
We belie...
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I have 2 duplexes in escrow before the coronavirus hit.
Cleveland, Oh //1031 exchange.
Would really like to move forward, but not if it is going to crash in value, or rents go down too much?