Helping Landlords Navigate the Impact of COVID-19 (Webinar Series)

 Post by Azibo Team on April 24, 2020

As the current health crisis takes its toll on the economy, independent landlords across the U.S. are wondering how they’ll make their next mortgage payment and navigate this uncertain time.

As the current health crisis takes its toll on the economy, independent landlords across the U.S. are wondering how they’ll make their next mortgage payment and navigate this uncertain time.

Join Azibo’s free weekly webinar series where experts share best practices and advice for landlords during these unprecedented challenges. 

In our first webinar, Azibo CEO Chris Hsu teamed up with Deven Munns, tax attorney with KKOS Lawyers to discuss the most recent updates on the federal stimulus programs, loan forbearance for landlords, and best practices for working with tenants. Watch the webinar replay below and please feel free to share feedback or submit questions.

Here are some key insights from this webinar:

  • The most relevant CARES Act program for landlords right now is the Economic Injury Disaster Loan Emergency Advance from the Small Business Administration. Landlords can apply for the advance on the SBA website.
  • Loan forbearance does not equal loan forgiveness. The repayment program for loan forgiveness varies by bank. Landlords should discuss and understand the terms of forbearance with their lenders.
  • Landlords should educate their tenants about all of the benefits, unemployment programs and resources available so they can find ways to continue paying rent.

Next week, we’re talking taxes. Join us for another free webinar on Thursday, April 30 at 9am PT / 12pm ET where experts will share tax tips for landlords:

  • How to take advantage of the net operating loss 5-year carryback policy
  • Tax saving strategies such as cost segregation and 1031 exchanges
  • Tax opportunities for landlords, including Qualified Improvement Property

This webinar will feature Brandon Hall, a CPA and founder and CEO of The Real Estate CPA, an accounting firm that works exclusively with individuals and businesses in the real estate industry. Brandon is also the host of the Real Estate CPA Podcast and a regular contributor to BiggerPockets

We'll also hear from Warren Dazzio is EVP at Cost Segregation Services, Inc. (CSSI), where he helps commercial building owners reduce income taxes using tax code regulations. These tax savings strategies include capital to expense reversal, cost segregation, partial asset disposition, building systems reports and more. 

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