COVID-19 Potential Impacts – Special Edition
The best laid schemes o’ Mice an’ Men
Gang aft agley,
An’ lea’e us nought but grief an’ pain,
For promis’d joy!
Many plans have gone “agley” at this point. And yet, in surveying the COVID-19 pandemic from home, from what quiet corner we might secure, we all know new plans must be made. We should humbly attempt to make good ones. In this, our second edition of What the REIT?!, we summon the will (in our sweatpants) to take stock of myriad tax matters that may confront a REIT planning for the months to come, including the CARES Act and the Federal government’s response thus far, issues likely to arise for a REIT in the economic downturn before us, and even some planning opportunities. Certainly this will not be the last edition on this subject — forgive us for missing anything the first time around, and write us with concerns. Our best wishes go out to all, especially those that are suffering.
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