Mohacsy's Safe Portfolio Member Forum

[santafe2]

If the government is giving away money the only obligation you have is to read the fine print and fill out the paperwork properly. The government does not create programs that have any subtle conditions. They're more here's a round hole, are you a round peg? OK, you qualify.

Since I retired as a full time employee, I re-purposed one of our LLCs and have received my income through that legal entity. That income stream is dead now since I can't go speak at conferences. Is there a reason I shouldn't apply for unemployment? None.

On the other end we have proactively lowered the rent for all of our tenants. I've no idea if any of them will actually need this extra money but it's the right thing to do. Between the government largess and the tenent discounts the net will be about zero unless this goes on past early summer. Then we'll have to adjust.